Explain what economies of scale are, Explain what economies of scale are an...

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

Increasing returns to scale and decreasing returns to scale, Increasing ret...

Increasing returns to scale and decreasing returns to scale: Increasing returns to scale occur when increases in all inputs by a certain percentage cause a relatively higher p

The lower the value MR of monopolist ,

How it can be possible for increases in the minimum wage, The minimum wage ...

The minimum wage was increased in 1996 amid cries by various economists that it would cause unemployment. Critics shown that the last time the minimum wage went up the si

Facilitating restructurings, Facilitating Restructurings- rationale in era ...

Facilitating Restructurings- rationale in era of globalisation: There has been some progress in the last few years in efforts to improve the framework for sovereign restructur

Forecasting, what are the forecasting techniques

what are the forecasting techniques

Production, what is fixed and variable inputs with more explanation

what is fixed and variable inputs with more explanation

Calculate toms price elasticity of demand, Tom's pizza sells for $ 5.00 ea ...

Tom's pizza sells for $ 5.00 ea and serves an average of 425 customers per week. During a recent sale, Tom lowered the price to $ 4.00 per ea. Sales increased to 500 customers duri

Shortage, Shor tage A condition under that the quantity demanded fo...

Shor tage A condition under that the quantity demanded for a good or service exceeds the available supply for that good or service. Shortages usually cause a rise in price

Slutsky equation, how to solve Min (x+y/2, 2y+x, 3x)

how to solve Min (x+y/2, 2y+x, 3x)