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what is the theory of second best? prove the theorem with the help of a diagram.
LINKAGES OF BUREAUCRACY WITH THE KNOWLEDGE CENTRES: The Government employees must make use of knowledge generated in higher seats of learning for implementing economic policie
What are markets types of markets
waht are the characteristics of perfect competetion market
Why is it so difficult for government to achieve all macro objectives simultaneously? Specifically showing possible trade-offs i.e. a) Stimulatory policies which enhance AD
contemporary issues in microeconomics in nigeria
Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.
1. Suppose that Mr. John has the following Cobb-Douglas utility function U = 6X^2/3y^1/3 the market price of X and Y commodity are $1 and $2, respe
The raspberry growing industry is a perfectly competitive industry. The firms in the industry have a U-shaped LAC, minimum average cost is $8 and the minimum efficient scale is 4 u
williomson''s model of managerial discretion
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