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elasticity of demand
why we study micro econmics?
In this assignment you will apply consumer choice theory and marginal analysis to business problems. Consider each of the following products and services: a pair of tickets to a s
What types of external economies generates the output which reduces the costs of the firms in it? The chief example of external economies provided by marshal are (i) improved
What is the explanation for SAC to be tangent to LAC?(In other words, why must both be tangent to each other)?
What are the economies and diseconomics of scale?
for the total product curve why is it when you reach at maximum adding more input leads to decline in output?
Normal profit: Normal profit is when total revenue is exactly equal to total cost when the latter includes both explicit costs. It is the type of profit when made by firms in
What is the difference between a change in demand and a change the quantity demanded? There is a distinction among demand and quantity demanded. Demand explains the behavior o
If I submit an economics problem(Home work), How soon it will be answered?
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