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Nash equilibrium, Define Nash equilibrium and explain with the help of the ...

Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.

Supply of basic industrial inputs, Supply of Basic Industrial Inputs: ...

Supply of Basic Industrial Inputs: Allowing their duty-free imports by exporters would require an elaborate machinery of customs and import licensing to ensure that the impor

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Consumer surplus, detail of consumer surplus with examples

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Public goods, True public goods are those goods which can't be provided to ...

True public goods are those goods which can't be provided to one group of consumers, without being provided to any other consumers who desire them. Thus they are "non-excludable."

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