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define opportunity cost and how it is useful in managerial decision making?
explain the traditional theory of cost with suitable diagrams.explain why LAC curve is not U shaped?
Dynamic Changes in Costs: The Learning Curve
large firms charge the price which is higher than the small firms, contruct the diagram
little kona is company that is considering enter a market by big brew
What types of questions would concern microeconomics, versus macroeconomics? Microeconomics concerns itself with decision-making of individual consumers, firms and other organ
explain the central problem of economy with production possibility curve?
what is indifference curve''s theory and application
Question 1: a) Describe the labour market Information. b) What are the basic factors that affect the labour market trend? c) Explain the influence of these factors on th
When is the economic theory useless? One misunderstanding is to under-estimate the role of an economic theory. Several people thought an economic theory useless since they thin
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