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whats the difference between broad money and narrow money ?
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not really negative, but since hes being forced to work more than he wants,its deducts from the economic rent.how negative ?
Broad money includes the function of money as store of value plus medium of exchange, but narrow money deals with the medium of exchange part only.whats the difference between broad money and narrow money ?
Find the Total Cost by cumulatively adding MC. You get 20,50,80,140,240. Find the ATC. Lowest will be 33.3 when output is 3. Thus, ans B.View attachment 44676
ans is b
thanks.Find the Total Cost by cumulatively adding MC. You get 20,50,80,140,240. Find the ATC. Lowest will be 33.3 when output is 3. Thus, ans B.
Deadpunk.mr
Ur doubt i just discussed here > https://www.xtremepapers.com/community/members/mustafamotani.13052/#profile-post-274658Deadpunk.mr
According to equimarginal principle the MArginal utility of money must be same. So MUm of good x: 30/10=3. It must be the same for good Y too. Initially, when price was 30, MUm=MU1/P= MU1/30. From here MU1= 30*3=90. When price fell to 20 MU2=20*3=60. So change in MU=MU1-MU2= 30. From graph we can see, 30 utils=10 units. So, ans is B.
Could you go through my doubt too above?
i have gone through it...i have no idea.Deadpunk.mr
According to equimarginal principle the MArginal utility of money must be same. So MUm of good x: 30/10=3. It must be the same for good Y too. Initially, when price was 30, MUm=MU1/P= MU1/30. From here MU1= 30*3=90. When price fell to 20 MU2=20*3=60. So change in MU=MU1-MU2= 30. From graph we can see, 30 utils=10 units. So, ans is B.
Could you go through my doubt too above?
which year ?
Explaiination >
which yyear is this question ?but the answer said more of both.
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