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Internal and External factors of business operation External factors : A firm can't exercise any control over these factors. Thepolicies, plans and programmes of the firm m
Hi Could you please help me with " Ramsey pricing in detail " as I have an assignment.
SHORT-RUN EQUILIBRIUM All firms are assumed to aim at maximizing profits or minimizing losses. The monopolist controls his output or price, but not both. The monopoly maxi
Explain baumol''s static model
Features of this system The mixed economy includes elements of both market and planned economies. The government operates and controls the public sector, which typically cons
Measures to control inflation An inflationary situation can effectively be addressed/tackled if the cause is first and foremost identified. Governments have basically three
williamson model and managerial discretion about its objective and statement of problem
1. The price of a CD (PC) is $10 and the price of a DVD (PD) is $20. Philip has his income (M) of $100 to spend on the two goods. Consider three consumption bundles: (C, D) = (2, 3
What do you mean by the fiscal policy? What are the instruments of fiscal policy? Briefly comment on India's fiscal policy.
"Inflation is not possible under the gold standard." Is this declaration true, false, or uncertain? Describe your answer
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