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Surplus
The surplus is a condition under that supply for a good or service is in excess of the demand for that good or service. When this happens, there is commonly a reduction in price to restore market equilibrium in the short term.
VIVIDLY EXPLAIN WHAT THE RAWLSIAN SOCIAL WELFARE ENTAILS
give assumption, rules/formulas and demonstrate that ramsey prices are the seconnd best pricing. explain clearly.
Nucleic acids perform two important functions 1. Replication: It is the property of biomolecules to synthesise exact copy of it. DNA has this unique property of duplicating it
What barriers to economic growth can be explained using the Harrod-Domar model? Definition and outline of the Harrod-Domar model; growth in national income = savings ratio over
#question#.problems and its solution of microecnomics
Deviation in graph
what is walrasion equilbrium
Q. What do you meant by Investment? Investment: Investment represents production which isn't consumed though rather is utilized in the production of other additional output. In
subsitution effect dominate tha income effect in which good case?
limitation of kaldor hicks in compensation test and welfare criteria
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