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"As long as consumers are willing to pay a positive price for a good, the larger is the quantity formed, the greater is the total surplus from trade." Explain this statement if it is true.
draw the supernormal curve
What are the income and cross elasticities of demand? Why might they be useful? Explain.
baumol''s sales maximasation model
Differentiate between firm and industry. A firm is a business unit produced for the purpose of carrying out some kind of trading activity. The term "firm" is used in many ways
if tc is 200 what will be marginal cost?
explain the central problem of economy with production possibility curve?
Inflation Types Inflation is generally classified on the basis of its rate and causes, while rate-based classification of inflation refers to the severity of inflation or how h
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
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Find a recent hostile takeover in Europe and compare the European takeover tactics and defences to those tactics and defences in US. In your opinion do you think the targeted firm
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