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Current Daily Status(CDS): The reference periods (i.e. a year, a week and a day) are basically used to describe the period for which the workers are employed in the economy. T
what is supply and demand
What are the most important challenges that economists try to address? (ii) What is the role of government in a market based economy? (iii) Who are the main economic players and w
The Tastee Bakery Company supplies a bakery product to many supermarkets in a metropolitan area. The company wishes to study the effect of shelf display height employed by the supe
suppose you have a coffee shop. list of fixed input and variable input for operating the shop
Explain the axioms of completeness, transitivity and non-satiation using appropriate examples.
defin giffen goods?
difference between absolute advantage & comparative advantage theory
explain slutsky theorm with graphical representation
Private benefit and social benefit: Bridge the gab between private cost and social cost, and private benefit and social benefit.Under perfect market, there may be a divergence
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