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Capital make large scale production and greater degree of specialization possible. Thus with capital accumulation the advantages of large scale production and specializations are o
explain why policies for promoting market competition are desireable
What is the difference between price value and price level? Price value is the value of commodity bought by the consumer at a certain price from the market, while, price level
income=100 price of x=5 price of x2=10 find consumer equilibrium with diagram
You are the CEO of Comchip, a firm that sells specialized computers. Each of the firm's computers contain a unique chip that is produced at Comchip's west coast plant at a cost of
how has the haberlers theory of opportunity cost an improvement over the classical theory of trade
graphing a isoquant
Strictly give the diff. btw the theory of reciprocal demand & theory of comparative advantage
lung run eqiulibrium
SUMMARY OF THEORY OF PRODUCTION
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