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the difference between an lc3 and other types of businesses is that
why constant return to scale is important
Direct Marketing This is a marketing tool designed to elicit instant action from the customer through direct contact.
herberler theory of opportunity cost
sources of oligopory
Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.
having utility function U(x,y)= x1/2=y1/2, determine the hicksian demand function, expenditure function and indirect utility function.
Question 1: (a) Clearly illustrate the features of a perfectly competitive firm. (b) How would the same industry change if it were organized first as a competitive industr
What is economics about? Economics: Economics is a social science which studies individuals’ economic behavior, economic phenomenon, ands also how individual agents, as like
Trade union can also pay a useful role in improving the wages of the workers without causing adverse effects on employment. This case which is intensely associated with the idea of
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