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Elasticity of Demand This is a measure of how responsive the sales volume of goods is to changes in that product's price, equal to the marginal change in sales, divided by the
If the Bank of England wanted to discourage investment spending and reduce aggregate demand, it could?
write down the assumotions and importance of game theory
Explain externality, how can government intervene to achieve allocative efficiency in case of external cost or external benefit? Answer The term externalities refers to bot
a more simple explanation of the group equilibrium in the short and long run
A surplus on the current account of balance of payments can be financed by? 1. Inflow capital on capital account 2. A surplus on the government budget deficit 3. lending abroad on
what will be the possible concequences if a large scale like Toyota place its new product in Indian market without having forecast the demand for its product
what is micro economics
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