Explain the conditions of consumer's equilibrium in case of (1) single commodity and (2) two commodities. Use utility approach.
why is the short-run average cost curve U- shaped ?
explain the process of credit creation by commercial banks
give 4 examples of direct and indirect taxes, capital receipts and revenue receipts, revenue deficit and fiscal deficit with explations to their examples
differentiate btw collusive and non collusive oligopoly?
difference between microeconomics and macroeconomics
HOW TO SOLVE CENTRAL PROBLEMS OF ECONOMY?
A consumer consumes only two goods X and Y and is in equilibrium.,price of X falls..Explain the reaction of the consumer through utility analysis.??
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