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given P=120-Q TC=Q(to the power 2)+ 16 1-derive the total revenue function 2-calculate profit mazimization output for a-perfect competitive firm b-monopoly 3-explain whi
using the tools of an indifference curve and isoquent, highlight on consumption and production in business economics.
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Consider the following flow (in thousands of people) between the various labour market states in a particular month:
Yao''s weekly demand for basketballs is given by Qd = 3-P^2 where P is the price of basketballs. At the current price, Yao''s demand for basketballs is unit elastic. What is the cu
Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.
IMF-World Bank Harmony: Bretton Woods institutions work in tandem. World Bank BOP support is not available with a Fund Programme, while a Fund Programme cannot be finalised w
how do I determine the profit-maximizing quantity of a firm for different market prices when only given TFC, TVC, and the market price
1. Seller has ample time to adjust to price change. 2. Buyer's response to small price change is significant. 3. Buyers are faced with many options when deciding to make a
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