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what is the formula for finding gross national product?
What is micro static analysis?
periodic table groups and acid and basic radical
What are the "three basic economic questions" that economists often address when examining how much economic output is formed? The three basic questions are: a) what is prod
Suppose you are a painter, and the price of a gallon of paint increases from $3.00 a gallon t $3.50 a gallon. Your usage of paint drops from 35 gallons to 20 gallons a month. 1. Co
my q is dat how can we find mathematically dat a production function is concave?
Explain what economies of scale are and why they have become increasingly common in later years. Economies of scale - Enhance in fixed factors, but output enhances at a propo
Why short run average cost curve is ‘U’ shaped
draw the demand curve,when there is rise in the price of a product on the demand of the product
Mathematical Presentation of Utility maximisation: Consumer's objective is to maximise her utility by solving UMP. To solve UMP, we set the Lagrange function of the correspond
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