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Business sell to households in the resource markets, but households sell to businesses in the product market
using the marginal utility approach discuss how economic theory explains the optimum pattern of consumption for an individual consumer
explain diagramatically Bain''s limit pricing mode
What are the advantages of leaving the allocation of a countrys resources to the price mechanism? Ans) The main conditions needed are: 1. Either a finite number of agents or pr
Could I have examples of syndicated and organized oligopolies with companies as examples
define and explain theory of production?
Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en
How might a country exchange rate influence the balance of payments? Definition of the exchange rate; price of domestic currency in another (basket of) currency (currencies). C
net preparation ranjna baghel
Supply of Basic Industrial Inputs: Allowing their duty-free imports by exporters would require an elaborate machinery of customs and import licensing to ensure that the impor
implications of varios market structure for price determination
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