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Ask questMicroeconomics Reference No.:- #Minimum 100 words accepted#
Substitution Effect - The substitution effect is change in an item's consumption associated with the change in the price of the item, level of utility held constant. - Wh
how advertisement affects the sales revenue of a form
Economics- Definition Economics is the study of how societies utilize limited resources to make valuable commodities and allocate them among diverse people. Microeconomics h
remedies of unemployment
in the context of managerial economics how do you explain a rational producer.illustrate giving example.
How equilibrium is achieved under monopoly
Banks: A company which accepts deposits and issues new loans. It makes profit by charging more interest for loans than it pays on deposits, and through several service charges. By
what is the theory of second best? prove the theorem with the help of a diagram.
Suppose taht two people, Michell andJames each live alone in an isolated region. They each have the same resources available, and they grow potatoes and raise chickens. If Michelle
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