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Some Cost Considerations for Managers * Three guidelines for estimating the marginal cost(MC): 1) Average variable cost should not be used as substitute for the marginal cost(
when does price and output determined in the unregulated monopoly
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Demand and supply curve for french breads
what is the theory of second best ? prove the theorem with the help of a diagram .
what is non- collusioligopoly and how its price and output is determined
Mathematical representation - Inflation Unemployment Trade-off : Suppose that firms correctly perceive the state of demand in the economy and the rate of price inflation. The
1. Cost minimizing firms must be profit maximizing as well. False, why??
Economies of Scale
"price makers" never want to produce in the inelastic part of their demand curve why
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