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Determine a Specific Price of demand of product
A proclamation concerning the demand of a product without mentioning its price is worthless. For instance, to state that demand of cars is 10,000 is worthless unless expressed that demand of cars is 10,000 at a price of Rs. 4, 00,000 each.
what kind of market structure is involved for the sale of medicines and vitamins? explain
Q. Show the Characteristics of monopoly? Let's summarise the main characteristics of monopoly as under: Cross-elasticity of demand for a monopoly product is zero in the
TERMS OF TRADE The relation between the prices of a country's exports and the prices of its imports, represented arithmetically by taking the export index as a percentage of t
Q. Show Normal profit equilibrium? Normal Profits: With the condition of MC = MR and MC cuts the MR from below, if E is the point of stable equilibrium, output of firm is OM
Factors affecting the size of National Income The size of nation's income depends upon the quantity and quality of the factor endowments at its disposal. A nation will be ri
Assignment
theory
Actual income and Full employment income Full employment income (Also called Potential National) is the national income that could be produced when the country's factors of pr
How relevent is managerial dicretion in developing countries?
Q. What do you mean by Oligopoly? Type of market condition that is most appropriate in the today's economy, is oligopoly. It's characterised by mutual interdependence among a f
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