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give a detailed discussion on the term economics of scale as applied to economics, highting examples,limitation,and original of economics of scale.
Demonstrate mathematically that the equilibrium condition MRS PB PA is the equivalent of the utility-maximizing rule MU AP A MU B PB .
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PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
What is the importance of microeconomics in study of managerial economics? Normal 0 false false false EN-IN X-NONE X-NONE
assumptions
1)The productive capability of an economy is such that to produce 5 units of military good it takes 2 workers to be employed while 10 units of consumer goods require 3 workers. Res
What is economics about? Economics: Economics is a social science which studies individuals’ economic behavior, economic phenomenon, ands also how individual agents, as like
#what is exceptional supply curve
Tc and TVC curves have an inverted s-shape
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