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b) Discuss the validity in Zimbabwe of the grounds on which the profit maximising model of the firm has been defended.
Increase in demand SS is the supply curve and D 1 D 1 the initial demand curve shifts to the right, to position D 2 D 2 . P 1 is the initial equilibrium price and q 1
what is line balancing for paper machine?
what are the instruments variable of marrise''s model?
The Firm The unit that uses factors of production to produce commodities then it sells either to other firms, to household, or to central authorities. The firm is thus the uni
Explain the concept of externality in economics? Give one example of a positive and a negative externality in Australia.
Explain trend projection method of demand forecasting with illustration.
What is the difference between monopoly and perfect competition? Monopoly versus Perfect Competition: 1. Perfect competition is equal to monopoly competition, at the perfe
examine the endogenous and exogenous determinants of money supply
Q. Types of production function? Production function is of two different forms: The variable proportion production function The fixed proportion production functio
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