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1. By using the Production possibility Curve (PPC), analyze the microeconomic theories such as scarcity, choices and opportunity costs. Provide relevant graph with numerical exampl
Explain the Demand Pull Inflation Demand Pull Inflation: Occurs when aggregate demand exceeds aggregate supply. If there is an excess level of demand in the economy, this w
Explain in detail the concept of PPC with suitable eg.
Ask question #what is an indifference curveMinimum 100 words accepted#
what is cob duglus production function?
Which element of the periodic table has the most characteristics and is used in everyday life?
Find the best response functions and the mixed strategies Nash Equilibrium if each player randomizes over his actions.
Model in economics is the permanent income hypothesis, which basically states that a household''s expenditures will not react to a change in income unless that change in income is
Question: (a) Long Run Incremental Cost (LRIC) is considered as the "gold standard" for setting interconnection charges. Discuss the strengths and weaknesses of the three ap
how do oligopolistic market and monopolistic competition react to change in demand and supply ?
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