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What is the explanation for SAC to be tangent to LAC?(In other words, why must both be tangent to each other)?
TC = 1q^3 - 40q^2 + 840q + 1800 Price= $750
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why use GNP in macroeconomichs analysis
1. Consider a model economy with a production function Y = K 0.2 (EL) 0.8 , where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is define
Working of IFC: The IBRD loans are available only to member-country governments or with the guarantee of member-country governments. Further, IBRD can only make a loan but it
Arbitrage Pricing Theor y Arbitrage defines the procedure of continuously buying a security for privacy, currency, or commodity on one market and selling it in another
what will be the possible concequences if a large scale like Toyota place its new product in Indian market without having forecast the demand for its product
Current Daily Status(CDS): The reference periods (i.e. a year, a week and a day) are basically used to describe the period for which the workers are employed in the economy. T
if the inverse demand curve is p = 120 - Q and the marginal cost is constant at 10, how does charging the monopoly optimum and the welfare of consumers, the monopoly, and society?
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