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If we have two products, A and B, which are substitutes, we can expect that a rise in the price of A (or B) will cause the demand for B (or A) to go up.” Examine this statement wit
TRADE AND ECONOMIC GROWTH : Foreign trade has worked as an 'engine of growth' in the past (witness Great Britain in the 19th century and Japan in the 20th, besides others), an
the basics in micro economics
its elements , scope calculation
equilibrium of production
A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero
what is the theory of Second best? Prove the theorem with the help of a diagram.
how can draw the table and diagram of production function function with one veriable
They take deposits which mean borrow money and make loans which means lend money. The interest rate they pay on the deposits is less than the interest rate they charge on their loa
Time is a significant determinant of price elasticity. If a price changes, it might take consumers a certain amount of time to discover alternative lifestyles or commodities to ac
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