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9. The average supernormal profit for the firm is
Environmental Scan SWOT analysis: SWOT analysis will help to describe about the strengths, weakness, opportunities as well as threats. This is the strategic planning method
#quesExamine the expenditure trends over the last 40 years. What are the direction and magnitude of changes in spending in and between these various categories (with the exception
what are the limitations of economies of scale?
What is an optimization in the methods of mathematics of modern economics? Optimization is a basic tool for the development of modern microeconomics analysis. Many of economic
LONG PERIOD ANALYSIS: Long period refers to a time when all the factors are variable. Earlier in the short period analysis, we had considered capital (K) to be fixed factor. H
how can draw the table and diagram of production function function with one veriable
example of cournot model
Define Nash equilibrium
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities
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