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Q. Elucidate why is marginal analysis important in economics? How do the tutorials Basics of Marginal Analysis also Understanding also Applying Marginal Analysis at the end of this week's lecture reinforce the concepts of marginal analysis? How can any firm find the right construction level elucidate which guarantees maximum profit (or minimum loss)?

Q. Some economists argue that it is possible to raise the standard of living by reducing population growth. As an economist interested in incentives rather than coercion, illustrate what kind of policy would you recommend to slow population growth?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9171979

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