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There are many benefits to a free market economy. They range from the moral issues to the practical issues. We will deal mainly with the practical ones.
Unprecedented innovation - Free markets are wrought with inventions and the capital to research them. Countries classified as having a free market have been responsible for the vital majority of inventions since the 19th century. Very high-income mobility - This means that under a free market system it is simpler to move around income brackets. It is just simpler to become rich or poor when you are left to your own devices as opposed to a controlled economy where resources.
What is exceptional supply curves
Speculating with Long Currency Strangle: A long currency strangle involves buying both a call option and a put option for a particular foreign currency with the same expiratio
advantages of government grants
1. Consider the market where there is product differentiation with two firms. The firms are choosing prices p1 and p2 and have demands given by q1 = 40 - 0.5 p1 + p2 q2 = 60
why is the elasticity of demand useful
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What is the rational for the optimal use of a variable input?
analyse the method by which a firm can allocate the given advertising budget between different media of advertisement
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