Microeconomics UE Past Papers Questions.
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(1403) Question Category: Short answers Succinctly account for the assertions and critiques of the cardinal utility. Answer / Solution UNSOLVED |
(1404) Question Category: Short answers Consider the following utility function : U(X,Y)=X0.4 Y0.6
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(1405) Question Category: Short answers What is output elasticity? Answer / Solution UNSOLVED |
(1406) Question Category: Short answers Show that for a profit maximizing firm, the optimum (first order) conditions for constrained output maximization are the same as those for cost minimization. Answer / Solution UNSOLVED |
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(1407) Question Category: Short answers
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