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What is the theory of Second Best? Prove the theorem with the help of a diagram.
Closesubstitute goods: The number of closesubstitute goods The more substitutes of good has and the more close the substitutes are, the more elastic the demand for the good. Fo
(i). A firm's costs are 500 when output is 100. If the TC function is linear and fixed cost (FC) are 200, find the marginal cost when Q = 4, 5 and 6. (ii). The following are est
Fixed input and variable input: A fixed input is that input whose quantity cannot be varied in the short-run when demand conditions require an increase or a decrease in produc
Suppose scientists discover that eating soybeans prevents cancer and heart disease
short run equilibrium of the industry
GROWTH OF EMPLOYMENT OPPORTUNITIES: Several disquieting features are observed in the Indian labour market over the past two decades particularly during the 1990s. These are di
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
sir explain me about all things of microeconomics
an explanation of the meaning of price ceiling
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