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how the equilibrium output and price is determined in williamson model of managerial discretion?
What are the properties of the profit function? Properties of the Profit Function: The properties specified below follow solely by the assumption of profit maximization. No
law of diminshining marginal utility
Variability - The extent to which the possible outcomes of uncertain event may vary * Variability: A Scenario - Assume that you are choosing between two part time sales
The End of the Productivity Slowdown As computers improved and spread throughout the U.S. economy in 1970's and 1980's economists kept waiting to see the wonders of computing
Describe Ionization energy or ionization potential and The factors affecting the ionization energies
A trust is build to acquire shares in organizations for subsequent allocation to employees over time by time.
typical assumptions
How is microeconomics differed from macroeconomics? Microeconomics focuses onto how decisions are made through individuals and firms and the effects of those decisions. For exa
explain 6 factors that determine volume of production
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