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Why some country saving less and consumption more?
In an industry with two firms, represent the outputs for these single product firms as q 1 and q 2 . The two firms decide to form a cartel and set their levels of output to maxim
Where minimum efficient scale is very huge for capital intensive operations, it may be more cost effective to allow one company to spread its fixed costs over a very huge number of
What is an optimization in the methods of mathematics of modern economics? Optimization is a basic tool for the development of modern microeconomics analysis. Many of economic
Illustrate and discuss the impliction of various market structures(competitive and non-competitive)
meaning of average revenue
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
in the keynesian model, the price is assumed to be what?
study on internet will impact on gdp
(i) When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3. (ii) Given the demand function 0.1Q - 10 +0.2P + 0.02P2 =0, calculate the price elasticity of
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