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How would you construct an estimate of marginal cost, & ?C(w, y) , in each period? ?Y
Distinction Between Cost and Expenditure As has already been defined, cost is the money equivalent of material and human resources needed to produce a good or a service. Expen
If the quantity demanded of Pepsi Cola goes up, and its supply enhances what will occur in the market for Pepsi?
As there are natural monopoly market situations it is in the public interestto permit monopolies, but traditionally in the United States they are regulated with respect to price.
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write down the assumotions and importance of game theory
Using tools of indifference curve, highlight on consumption in business economics.
Two people are engaged in a joint project. If each person i puts in the effort xi, the outcome of the project is worth f(x1, x2). Each person’s effort level xi is a number between
MUa/MUb how it happens? and why this occur?
discus how opportunity cost influence supplier''s decision to supply labour
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