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Diagramatic explanation of pareto optimality
Q. Model of labor market in AS-AD model? Remember the model of labor market in AS-AD model with constant wages. On the y-axis, we had real wage and on x-axis, we had L. The res
objective of the study
Explain production as an income generating activity. What are the principal difference among government purchases of goods & service and transfer payments? Why are in
A local movie theater wants to know how much popcorn they should stock for a given movie showing. Records from 94 movies reveal a mean of 57 boxes and a standard deviation of 17.8.
ACCOUNTING SYSTEM-EXAMPLE III Now suppose the Jam Co. manufactures some herbal chemicals and flavors which it sells partly to Extracts Co., partly to Bottling Co., some are co
c) Explain why perfectly competitive markets lead to an allocatively efficient allocation of resources in the long run
Firms such a Moody's and Standard & Poor's study corporations that issue bonds. They publish "ratings" for the bonds- evaluation of the likelihood of default. Suppose these rating
discuss Haberler''s opportunity cost doctrine.
illustrate and discuss the market structures competitiveand non competitive for price determination
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