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What is the optimal consumption bundle and marginal utility per dollar? The optimal consumption bundle is the consumption bundle which maximizes a consumer's total utility sp
sir i want critics of marris''s model , i have an assginment (write critics of marris''s model)
Risk Averse: - A person who prefers certain given income to risky income with same expected value. - A person is careful risk averse if they have a diminishing marginal ut
With the aid of a diagram explain the long run average cost curve and the influences upon it.
#question.hif indirect utility function is givenhow to derive the demand function .
Cross-Price Elasticity of Demand is explained below: Cross price elasticity of the demand is the percentage change in the quantity demanded of a particular good, with respect t
why is the concept of elasticity crucial to the study of economics?
CASE STUDY IN RELATION WITH TOTAL REVENUE,AVERAGE REVENUE AND MARGINAL REVENUE
this is a project I need help answering the questions
Money market, labour market, goods market
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