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The Economics of Population
Population issues became matters of economic concern when it became increasingly apparent that the problem of excess population may be a serious obstacle to development. This is because although it might seem to appear that given the appropriate conditions, sufficient foreign capital and technical assistance the poor countries could move along the same path of economic progress as the developed nations, often this is frustrated by growth of population which means that the expansion of output is outstripped by increased needs.
ChoppinAxe is a little Swedish firm that produces wood planks and operates in a perfectly competitive market. Each firm in the market has the following total cost function:
what is the full concept of discounting principles of managerial economics ?
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Managerial economics according to Mote and Paul "Managerial economics refers to those aspects of economics and its tools of analysis most relevant to the firm's decision-making
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Michael was discussing the importance of production analysis and cost analysis to managerial economics with a final year Open Campus student. The final year student, Catherine, sta
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State the difficulties in the measurement of profit.
A city has two newspapers. Demand for either paper depends on its own price and the price of its rival. Demand functions for paper A & B respectively, measured in tens of thousands
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