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Learning curve implies: 1) The requirement of labor falls per unit. 2) Costs will be high at 1 st and then will fall with learning. 3) After eight years the labor requ
Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commodi
what is risk diversifications
explain graphically Equilibrium of a multi product firm
diffence b/n fixed and variable input
In the context of managerial economics how do you explain a rational producer. Illustrate giving example covering different dimention.
The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded.
What is framework in the Modern Economics? Framework in the Modern Economics: The framework is a framework which uses to deal along with daily activities and is utilized to
Is Indian companies running a risk by not giving attention to cost cutting? 2. Discuss whether Indian Consumer goods industry is growing at the cost of future profitability. 3. Dis
The price of oil increases because OPEC reduces oil production
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