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What is development economics? Traditional economics studies the allowance of scarce resources among alternative uses. Development economics seems at the economic, politica
Find the best response functions and the mixed strategies Nash Equilibrium if each player randomizes over his actions.
using ? tools of economic highlight on comsumption
Prove that utility approach and indifference curve yield the same consumer equilibrium
What is the theory of second best
Dividend The distribution of an organizations earnings to its owners-the stockholders. Cash dividends are most ordinary, although partition can be issued in other forms, such
Q. What is Tradeable product? Tradeable:A product (a service or good) is tradeable if its purchaser can purchase it far away from the place where it is produced. Most goods (ot
how to find opportunity cost on PPc
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
three marginal conditions of pareto optimality
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