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score: 497 , and 5 people voted. Pages - 674. Introduction To Microeconomics. Factor accumulation does not account for the bulk of cross-country differences in the level or growth rate of GDP per capita. We build en-tirely on models with microfoundations, i.e., models where behavior is derived . Jain and V.K. This is an important condition in economics and it equates the relative price of two goods to the marginal rate of substitution (MRS) between them. Format of the assignment : Assignment must have an AIU cover page, introduction to

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