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What are the tools of factor markets and the distribution of income?
Tools of factor markets and the distribution of income:
a. Factor distribution of income
b. Marginal productivity theory about of income distribution
c. Wage discrimination and disparities
d. Time distribution and individual labor supply
Asuume there are two inputs in the production function, labor & capital, and these two inputs are perfect substitutes. The existing technology permits one machine to do the work of
What is the goal of a firm?
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firms both in monopolistic and perfect competition tend to make normal profits but why do they criticize only monopolistic competition
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Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
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Q. Illustrate Fiscal Monopoly? Fiscal Monopoly: To stop exploitation of consumers andemployees, government nationalises many industries and obtains fiscal monopoly power ove
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