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when average product is decreasing, marginal product is?
P=140-4Q mc1=20+30q for plant 1 mc2=80+10q for plant 2 how many units should be produced by plant 1 and plant 2 to maximise profit for this monopoly?
short run equilibbrium
What is an index number?compile a chart of the types of consumer price index numbers showing-the agency who prepares it,index formula,target group,groups of items covered and the w
Q. Explain General Equilibrium? General Equilibrium: Neoclassical economics presumes that production, employment, investment and income distribution are all determined by a con
What is the purpose of the IMF and why might the IMF be called the “lender of last resort”? Discuss how three of the tools they use for establishing economic stability in a country
if you were making the pricing decision for the gasoline company, would you cut, raise or leae the price unchanged
if the inverse demand curve is p=120-Qand the marginal cost is const ant at 10 ,
Find the best response functions and the mixed strategies Nash Equilibrium if each player randomizes over his actions.
identify which curve (demand or supply) will be affected?
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