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assignment
STATE AND EXPLAIN SLUTSKYS THEORM?
what is the langrangian function
how does pp curve solve the problem of how to produce, what yo produce, and when to produce?
"A firm in monopolistic competition maximizes its profit by producing where its price is equal to its marginal cost." Is this statement correct or incorrect? Explain.
derivation of demand curve
A control in economics means a steady profit rate that is enhancing. Thus, after one year you could have £1mill profit then the next year £3mill profit etc.
As there are natural monopoly market situations it is in the public interestto permit monopolies, but traditionally in the United States they are regulated with respect to price.
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 commod
explain the central problem of economy with production possibility curve?
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