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Can marginal cost be constant? If so, does this mean that marginal cost are equal to average variable cost?
Why is human capital so important in the development process? Explain human capital in terms of (the sum of) education/training/experience/ literacy etc, and clearly show how t
so this question asks for the deadweight loss if an institution decided to provide this service free of charge. I was wondering if this will achieve the socially efficent level or
a. Using the data in the tables below, graph on the grid the demand and supply curves for milk, assuming that all factors other than the price of milk are held constant. Connect a
#what is exceptional supply curve
explain 6 factors that determine volume of production
what does it mean by a normal good ?
ive been asked to compare shapes of graphs e.g. constant slopes increasing, decreasing, inelastc using the concepts of marginal and average changes?
stackelberg,bertnart,cournet about oligopoly
what happens when price is fix and there is a change of the supply and demand curve
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