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what is basic objects of bretton woods?
When technological advances boost market supply and total revenue both within an industry, in that case: (w) demand is relatively price elastic. (x) the industry is dominated by a monopoly. (y) patenting technological advances ensures
what do you mean by a social welfare function? if you assume that such a function exists, what properties of social optima would be considered by you? discuss such properties.
Importance of Store of Value function of money: People save a portion of their earnings for utilization in future. But in what form? Money fulfills this requirement of the people. Money as a store of value signifies that money is an asset and can be s
Hey FRIEND I need your help for query as given below: The price elasticity beside a horizontal demand curve is constant at: (w) zero. (x) infinity. (y) 1. (z) -1. Can someone ex
What occurs to the demand for a good whenever the price of Substitute goods downs?Answer: Whenever the price of substitute good downs, then the demand for the specified good too downs.
Can someone please help me in finding out the accurate answer from the following question. The raise in the quantity supplied of frozen vegetarian lasagna would be most probable to outcome from raise in the: (i) cost of ingredients in the vegetarian lasagna. (ii) Numb
The model of perfect competition assumes perfect mobility and perfect information. Transaction costs are not present; therefore all buyers and sellers base decisions on the best information obtainable to anyone else, as well as transportation (mobilit
When it is feasible for total revenue to cover all variable costs, an unregulated monopoly which does not price discriminate maximizes economic profits or else minimizes losses through producing the r
Name the System of Note-issue in India. Answer: In India, the system of note-issue is the Minimum Reserve System. The RBI is needed to keep minimum reserves of Rs 2
Price discrimination is probably in markets: (w) for medical services. (x) for wheat sold by farmers. (y) for bread sold by grocers. (z) where all consumers have identical demand curves. Can anybody suggest me the
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