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What are social cohesion, social capital and social inclusion?
Development economics importance the role of social capital, cohesion and inclusion into the process of development as illustrated:
• Social cohesion is regarding how united, cooperative, connected and trustful a society is.
• Social capital is related with Putnam.
• Social inclusion implies the whole of society enjoys the advantages of economic activity.
Question: (a) Discuss the conditions necessary to achieve Pareto Efficiency. (b) Competitive markets are generally assumed to lead to a Pareto optimal allocation of resource
what is nature of elasticity?
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Explain the elasticity of price expectations?
A clinic uses doctors and nurses optimally and is servicing the maximum number of patients given a limited annual payroll. The last doctor hired treated 1,600 extra patients in a
(a) Using the basic concept of price elasticity of demand for his product, describe how the producer may raise his total revenue. (b) With reference to an initial set of marke
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