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illustrate and discuss the implications of various markets structures(competitive and non-competitive) for price dertimation
law of demand..
What are the problems of interest for several reasons in cost minimization? Cost Minimization: A significant implication of the firm choosing a profit-maximizing producti
In markets, the invisible hand allocates resources efficiently a. in all cases b. when there are positive externalities, but not when there are negative externalities c. when there
How does the PED and PES of commodities affect producers in developing countries? Explanation of PED (formulaic) Definition of PED outlining commodities as having lo
Price Level:Overall average level of nominal prices in the economy can be calculated, most often as a weighted average of the prices of individualservices and goods (with weighting
Direct Marketing This is a marketing tool designed to elicit instant action from the customer through direct contact.
is south african economic system more allocative efficient?
using necessary and sufficient condition explain consumer surplus diagrammically and mathematically?
Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en
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