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Short run production period and long run production period: The short run is a period of production during which some factors of production are fixed and some too are variable
Sita expects her future earnings to be worth Rs. 100. If she falls ill, her expected future earning will be Rs. 25. There is a belief that she may fall ill with probability of , -
Clearly explain the distinction between supply, demand and equilibrium price.
alternative theories of trade
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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Managerial Economies: These are many managerial economies associated with large-scale production. A large firm is in the position to employ more highly qualified and speciali
project on visit to village for agriculturebased project
JOINT DEMAND AND COMPETITIVE
What are the causes of emergence of monopoly?
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