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show that the necessary and sufficient conditions for consumer equilibrium under both cardinal and ordinal utility theories are identical .
1. Suppose the wage rate is w = 1. An agent is working 6 hours per day and consumes 5 units of goods per day. Suppose that the agent claims to be indifferent between his current
introduction of production
illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination
#question influence of an increase in migrant on market supply labour
Q. Explain Capital Adequacy? Capital Adequacy: Capital adequacy rules are loose regulations which are imposed on private banks, in hope of ensuring that they have adequate inte
Long Waves: Longer-term periods of stagnation or growth in the economy, that can last for a decade or more and reflect broader changes in technology, politics, and international re
define perspective of managerial economics.
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities?
what is stagnation thesis?
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