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Consider an economy, in which technological capabilities become obsolete. Use the Solow-Swan model and the knowledge spillover model to explain how its productivity growth rate dependence on capital changes over time.
4 models
explain the properties of indifference curve with the help of diagrams?
what is consumer''s choice involving risk.preference toward risk.
discuss whether marginal utility is a realistic piece of economy analysis in a consumer demand
Ask question #Minim1. what items should be put on the agenda of a new round of trade talks (and who wants these on the agenda), 2. why, and 3. the problems likely to be met in the
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in terms of pr
Look at a recent copy of a newspaper . a. What is the top economic news story? With which of the big questions does it deal? (It must deal with at least one of them and might d
what are the practical importance of income elasticity of demand?
how can a price ceiling make consumers better-off? under what conditions might it make them worse off?
What would be a factor that would make the prospects hopeful for overcoming the demand for resources in the future
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