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consumer surplus fot tea
#question.theories of cost
Sources of monopoly power: The main sources of monopoly power include the following: (i) Control of the entire supply of a basic input . It only one firm has access to or co
Fluctuations in Growth Rates: Fluctuations in year-to-year growth rates in early stages were very marked, which indicated that the economy had failed to create conditions cond
what are the concept of opportunity cost
Suppose a firm faces two markets for the same product. In market A, the demand function is PA=60-QA, while in market B the demand function is PB=36-0.5QB. The total cost function i
different types of production funtion and curve given by different economist
Allocated Stock and Safety Stock Allocated stock A category of stock which ensures that current stock is set aside and not issued under the normal procedure. Safet
give assumption, rules/formulas and demonstrate that ramsey prices are the seconnd best pricing. explain clearly.
ed=1 means p
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