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suppose a firm''s total revenue depends on the amount produced (q) according to the function R= 70q-q2 total cost dependson q: C=q2+30q-q2
model of sylos labini
what is an iso curve
How the above would apply to non-renewable resources such as oil. This has general applicability to any competitive market. The issue here is that potential supply has a finite
disadvantages of monopsony
under which market structure does the banking sector fall?
illustrate graphically the influence of an increase in immigrants on the market supply of labour
Allocative efficiency criteria are satisfied by the competitive model. Because P = MC, in each market in the economy there is no over- or under- allocation of resources in this ec
consumer=m with the help of indifference curve analyis
how to control principal agent
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