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about the price determination with the held of diagramatic explanation numerical explanation related to the concept
What is cost analysis? Cost–benefit analysis known as CBA, sometimes known as benefit–cost analysis BCA, is a systematic process of calculating & comparing profit and costs of a pr
Methodology of econometrics involving three stages 1. Specification of the model using a specific stochastic equation, together with a priori theoretical expectations about th
Reasons for International Trade?
solution for -calculate price elasticity of demand for demand function Q= 10 - 2p for decrease in price from Rs. 3 to Rs.2
is it just assumed that a monopoly graph is showing economic profit instead of accounting profit
firm''s product sells for Rs.200 per unit in a highly competitive market. The firm produces output using capital (which it rents at Rs.7500 per hour) and labor (which is paid a wag
Economies of Scope The ability of a organization to decrease its unit costs by producing two or more products or services that involve complementary skills, experience and
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
explain the concept of producers'' equilibrium
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