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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
demand curve
Using real life examples and the use of the following concepts: Effecient vs Ineffecient and Opportunity cost and increasing opportunity cost
what are the tools for decision making
marries model
Demand is defined as a schedule of the quantities fo good that will be purchased at various prices similarly the supply refers to the schedule of the quantities of a good that will
What is main difference between capital intensive goods and primary products? Primary product means the major product in which the firm is dealing. Capital intensive good mea
why raise MC cost after minimum level ?
I need some help to answer a discussion topic question about Potential Pareto Improvement, based on an article
1. Cost minimizing firms must be profit maximizing as well. False, why??
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