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A firm's production function is given by Q = √LK . The price of labour is w and the price of capital is r. a. The price of labour is $5 and the price of capital is $20. What is
explain 6 factors that determine volume of production
The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. It originated from countries with highly sophisticated fin
determinants of demand and determinants of supply
whit is mean super normal profit
Dividend The distribution of an organizations earnings to its owners-the stockholders. Cash dividends are most ordinary, although partition can be issued in other forms, such
Features of bureaucracy: Impersonal Order: The authority is inherent in the post and not the individual who performs the official role. An official is supposed to have a det
How dose PPC help, illustrate the basic economic problem?
critically analysis firm theory of profit maximization?
what are the main properties and assumptions of indifference curve
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