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what is the application of consumer surplus
Labor Total Output 1 30 2 50 3 60 4 75 5 80 a) If the price of the firm’s output is $12 per unit and the wage rate is $100 per worker, how many workers should the firm choose to
Establish relationship between production and cost for a firm operation in perfect competition market in case of i phone
how can a price ceiling make consumers better-off? under what conditions might it make them worse off?
Price/Earnings (P/E) Ratio This is a measure of an organization investment potential. Literally, a P/E ratio is how much a share is worth per dollar of earnings. The price-earn
identify three factors to criticize the theory of consumer behavior or utility theory
How a manager determines the optimal number of employees in a project
Capital Gain: A capital gain is a form of profit which is earned on an investment by re-selling an asset for more than it cost to buy. Assets that can be purchased for this purpose
Q. What is Economic efficiency? Economic efficiency Explain a situation where the total value of the end uses, to which the resources are put, is maximised. A consequence is th
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