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Q. Describe about Capitalism?
Capitalism: An economic system in that privately-owned businesses and companies undertake most economic activity (with the goal of generating private profit) and most work is performed by employed workers who are paid salaries orwages.
A monopolist faces the following demand function for its product: Q = 45 - 5P The fixed costs of the monopolist are $12 and the variable costs are $5 per unit. a) What are the
what happens when price is fix and there is a change of the supply and demand curve
calculate demand function is Q=100-P, where Q is quantity demand and P is price
What main features are found in oligopolies? Assumptions of oligopoly Four or five firm concentration ratio Frequently there are benefits of scale to be had Merg
why can methane not be prepared by this reaction
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
Risk Premium - The risk premium is amount of money which a risk averse person would pay to keep away from taking a risk. * Risk Premium: A Scenario - The person has a 5%
Explain the effect of increased money supply on bond prices
The Industry's Long-Run Supply Curve * Long-Run Elasticity of Supply 1) Constant-cost industry Long run supply is horizontal Small increase in price will induc
EMPLOYMENT AND UNEMPLOYMENT POLICY: Engagement of a person in any economic activity is central to the concept of identifying a worker. A worker is one who participates in any
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