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Money: Broadly speaking, money is anything which can be used as a means of payment (for instance, to settle a debt). It includes bank deposits, actual currency, credit cards and li
How would you construct an estimate of marginal cost, & ?C(w, y) , in each period? ?Y
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in terms of pr
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argument against in favour of traditonel theory profit maximisation
Economic Cycle The economic cycle is the long-standing sample of alternating times of economic growth (expansion) and decline (recession), followed by changing economic indica
what is the theory of second best? prove the theorem with the help of a diagram.
calculate demand function is Q=100-P, where Q is quantity demand and P is price
National Budget: A National Budget is a document showing estimates of expected government revenue and intended expenditure for the coming financial year. It usually consist of
Using tools of indifference curve, highlight on consumption in business economics.
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