What main features are found in oligopolies, What main features are found i...

What main features are found in oligopolies? Assumptions of oligopoly Four or five firm concentration ratio Frequently there are benefits of scale to be had Merg

Describe price elasticity, Time is a significant determinant of price elast...

Time is a significant determinant of price elasticity.  If a price changes, it might take consumers a certain amount of time to discover alternative lifestyles or commodities to ac

Cost analysis, What is cost analysis? Cost–benefit analysis known as CBA, s...

What is cost analysis? Cost–benefit analysis known as CBA, sometimes known as benefit–cost analysis BCA, is a systematic process of calculating & comparing profit and costs of a pr

Value additivity, V alue Additivity In an efficient market the valu...

V alue Additivity In an efficient market the value of any 2 assets can be estimated as the sum of the values of the two individual assets. This is a variation on the theme

Growth, During a given interval a nation''s overall productivity grows at a...

During a given interval a nation''s overall productivity grows at a compounded rate of 2%. Its population growth rate and degree of labor-force participation do not change over thi

Lanthanides, electron configurations

electron configurations

Explain the link between the rate of interest and inflation, Explain the li...

Explain the link between the rate of interest and inflation. Interest can be explained as the price of money - more expensive money will lead to few loans, higher saving and as

Markets, Syndicated and organized oligopoly

Syndicated and organized oligopoly

Average revenue and marginal revenue, Why Average Revenue= Marginal Revenue...

Why Average Revenue= Marginal Revenue

#title•The price of a laptop increases by 20% and there is a,