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Normal profit: Normal profit is when total revenue is exactly equal to total cost when the latter includes both explicit costs. It is the type of profit when made by firms in
Direct and Indirect Benefits Life time earnings of an educated person is an instance of direct benefit from education. Skills produced in training or extension programmes in a
how to calculate it given a functuion
the short run can be defined as any period of time
How to calculate: fixed cost is $1,000,000 tvc $4,400,000, avc is $22, atc $27, worker productivity is 4. How do I calculate the profit or loss?
the price of a laptop increases by 20% and there is a 40% drop in the quantity demanded
HOW DO YOU ADJUST FISCAL POLICY FOR INTERNAL BALANCE
Conditionality: International financial institutions (such as World Bank andInternational Monetary Fund) usually attach strong conditions to emergency loans they make to developing
How do I balance this chemical equation: MgSO4*5H2O
run a s monopoly how will this benefit stakeholders involved, such as the goverment, businesses, and consumers?
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