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what is the effect on the market for dvd players if the price of dvd rises
Q. What do you meant by Retained Earnings? Retained Earnings: Business profits that aren't distributed to shareholders (by dividends or other pay-outs) thoughinstead are retain
Consider an economy with three states. The following set of stocks is traded: x 1 =(2,2,0) x 2 =(1,0,3) x 3 =(0,2,4). The t=0 prices of these stocks are given as follow
Solve equation P=200-Qs and Qs=4.5p +5
Challenges and discussions
The income elasticity of demand calculates the responsiveness of the quantity demanded of a commodity to changes in consumers' incomes. This is typically calculated by replacing t
Elasticity of Price Expectations (epe)
f(x1 x2,x3,x4) =min(x1/4x22/3,x3+2x4)
Assume that in the market there exist two types of workers where the principle cannot distinguish types. The two types only differ with respect to the disutility of effort. The dis
how the increase in price will affect consumer''s ability to maximise satisfaction?
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