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how is price and output equilibrium determined in Williamson''s model of managerial discretion?
when total production fall what,s the status of average product and marginal product
Define Disposable Incomeand dumping Disposable Income : The amount of income left after as deductions as income tax, pension contributions and national insurance. More genera
how can a price ceiling make consumers better-off? under what conditions might it make them worse off?
Q. Describe Consumer Price Index? Consumer Price Index:Consumer price index (CPI) is a measure of overall price level paid by consumers for various services and goods they purc
Economic Rent - Economic rent is difference between what firms are willing to pay for the input less the minimum amount required to obtain it. * An Example - There are tw
Is it true to say that inflation can only sustain with the increase in money supply? Inflation can only be sustained if there is a persistent enhance in money supply. If there
WHAT ARE ROLE AND ASUMPTIONS OF ECONOMIC THEORIES
Q. What do you meant by Retained Earnings? Retained Earnings: Business profits that aren't distributed to shareholders (by dividends or other pay-outs) thoughinstead are retain
explain optimal use of variable input?
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