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Explain the law of demand. Briefly discussed the exception to the law of demand
Identify and explain the three basic economic question that the group of survivors will have to answer everyday
Q. Countries do not in fact export the goods the H.O. theory predicts. Discuss. Answer: This statement isn't true that though one may find several cases where it seems to be
Discuss about the Nature of Financial Crises
Habrrler''s oppirtunity cost theory
what is delay line in cro?
habler oppurtunity cost
Q. What is the theory of Second Best? Answer: The principal of the second best notify us that when an economy suffers from multiple distortions the removal of only a few
Q. What is the national income identity for an open economy? Answer: Y = C + I + G + EX - IM.
Suppose that industry 1 is monopolistically competitive, with a CES sub-utility function: U(c1,c2 ) = c1? + c?2 , 0 We let the marginal costs be denoted by c1(w,r), and the fixe
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