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What is the difference between price value and price level?
Price value is the value of commodity bought by the consumer at a certain price from the market, while, price level is the present market price prevailing in the market.
Player 2 C B A 1,2 3,2 B 2,3 a, b Player 1
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using necessary and sufficient conditions explain consumer equilibrium diagrammatically as well as mathematically
WHAT ARE ROLE AND ASUMPTIONS OF ECONOMIC THEORIES
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