Tag Archives: microeconomics

Profit Maximization Condition Part 1

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Profit Maximization Condition Part 1 Continue reading →

Profit Maximization Condition Part 2

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Profit Maximization Condition Part 2 Continue reading →

Firm’s Expansion Path

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Firm’s Expansion Path Continue reading →

Profit Maximization Meaning

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Profit Maximization Meaning Continue reading →

Inverse elasticity rule

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Inverse elasticity rule Continue reading →

Constant elasticity case and relation between MR and elasticity of demand

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Constant elasticity case and relation between MR and elasticity of demand Continue reading →

What are Indifference curves

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What are Indifference curves Continue reading →

Shortcomings of GDP as a measure of output

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Shortcomings of GDP as a measure of output Continue reading →

income offer curve and engel curve for inferior goods

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income offer curve and engel curve for inferior goods Continue reading →

Normal and Inferior goods

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Normal and Inferior goods Continue reading →

ordinary goods and giffen goods

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ordinary goods and giffen goods Continue reading →

price consumption curve and derivation of demand curve from ppc

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price consumption curve and derivation of demand curve from ppc Continue reading →

Introduction to Revealed Preference

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Introduction to Revealed Preference Continue reading →

The principle of revealed preference, direct and indirect revealed preference

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The principle of revealed preference, direct and indirect revealed preference Continue reading →

Checking WARP by an example.

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Checking WARP by an example. Continue reading →

Introduction to Uncertainty

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Introduction to Uncertainty Continue reading →

Risk aversion, risk loving and risk neutrality with different utility functions

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Risk aversion, risk loving and risk neutrality with different utility functions

Risk aversion, risk loving and risk neutrality with different utility functions

Introduction to producer theory

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Introduction to producer theory Continue reading →

Returns to scale : Production Theory

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Returns to scale : Production Theory Continue reading →

Production function, average product, marginal product

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production function, average product, marginal product Continue reading →

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