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why does gap between the ATC curve and the AVC curve decreases as the level of output increases
factor influencing quantity supplied
The market demand for brand X has been estimated as Qx=1500-3Px-0.05I-2.5Py+7.5Pz Where Px is the price of brand X, I is per-capita income, Py IS the price of brand Y, and Pz is th
can you help me answer an economics question
study on internet will impact on gdp
what is profit maximization..
Welfare Analysis 1-Of the following four institutions for allocating apartment to different people at different prices i. The competitive market ii. A discriminatin
Regulation is not a panacea. There are troubles with rate regulation. In our litigious society, the legal proceedings contained in rate regulation are not inexpensive for any of
What currency was used in the 1700s? Ans) this is depends on the country. Most currencies, though, were based on gold and silver. In America, in the 13 colonies, tobacco wa
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
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