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The efficiency loss of a tax is the tax revenue collected by government minus the value of the public goods financed through the tax. Why is this false?
explain slutsky theorm with graphical representation
if the Japanese yen appreciates against the U.S. dollar, do the Japanese businesses gain by a decrease in the dollar price of exports to the United States
Q=10-2P,PRICE DECREASE FROM RS 3 TO 2
Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appraise the Baumol’s sales
Ask questiowhat are the importance of the branches of economics
"A firm in monopolistic competition maximizes its profit by producing where its price is equal to its marginal cost." Is this statement correct or incorrect? Explain.
Explain the monopolistic competition model of equilibrium with price competition under chamberlin s model
#question.contrast the long run equilibrium position of monopolistic competition firm and oligopoly.
What is buget line how it is calculated?
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