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When Alex's income increased from $3,000 to $5,000, he increased his consumption of bagels from 4 to 8 a month and decreased his consumption of donuts from 12 to 6 a month. Calcula
how to compute the price of a laptop increase of 20% and there is a 40% drop in the aquantity demanded
A firms total cost function is TC=0.0006*X^3-0.086*X^2+4.8*X+25 and its total revenue function is TR=2.5*X find its profit function
National income: The national income or product or expenditure provides a measure of total value at factor cost of final goods and services, which are available either fo
compare the concept of MRTS with the MRS and discuss the similarities and difference between them?
The Competitive Firm - Price taker - Market output (Q) and firm output (q) - Market demand (D) and firm demand (d) - R(q) is straight line Demand and Marginal Re
Explain about the deadweight loss and elasticities. Deadweight Loss and Elasticities: The common rule for economic policy is the other things equal; you need to select the p
Discuss how the opportunity cost principle influence a supplier''s decision to supply labour
Profit Margin A measure of organization performance, profit margins measure the percentage return an organization is earning over the cost of production of the items sold.
how can I execute this topic in new way of teaching? That will focus on activity base and art of questioning that will answer by the students?
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