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The marginal benefit of a refrigerant in a production process (the producer's willingness to pay for its use) is 100-5Q. The marginal damage from the use of the refrigerant on the environment is 150+5Q. Determine the efficient amount of refrigerant.
How dose PPC help, illustrate the basic economic problem?
STETE THE THEORIES OF DETERMINATION OF RENT
Does the curve represent if the risk is NOT taken and the line connecting two points on the curve represents if the risk IS taken?
Describing Risk * To measure risk we should know: 1) All the outcomes which are possible. 2) The probability that each outcome will occur. * Interpreting Probability
1. What are the uses of elasticity to the public sector and private sector? (20 marks)
If demand goes down what happens to the equilibrium?
duality was used in comparative static approach in assessing the direction of change on economic variables . Why do we need duality and under what condition may duality can''t be u
I need someone to do my quizzes it has 24 questions each. There are a total of 11 quizzes
indifference curve and budget line
Q. Define Debt? Debt:Total amount of money owed by a company, individual or other organization to banks or other lenders is their debt. It represents accumulated total of past
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