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A government official announces a new policy. The country wishes to eliminate its trade deficit, but will strongly encourage financial investment from foreign firms. Explain why su
"Consider a market with n firms occupied in Bertrand competition. These firms have in common dissimilar marginal costs but any number of them may also have equivalent marginal cost
Q. Define Credit? Credit:Ability to purchase something without immediately paying for it - through a credit card or bank loan, a mortgage or any other forms of credit. Creation
how to make attractive assignment on theory of supply
what is the Theory of second best? Prove the theorem with the help of digram
EXPLAIN KINKED DEMAND CURVE
Micro Economics 1. Discuss the short-run cost-output relations. 2. Write a short note on pure competition. 3. Describe excess profit criterion. 4. Discuss the vario
compare the concept of MRTS with the MRS and discuss the similarities and difference between them?
The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. What would answer be
do you think that dimnishing returns to a factor are consistent with increasing returns to scale? explain with suitable diagram and reasoning.
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