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Determinants of quantity supplied of a good The quantity of supplied of a product is influenced by factors such as the market price of the commodity, prices of inputs, techno
substitution and income effect on inferior good
what are the pros and cons of monopsony
different types of production funtion and curve given by different economist
Suppose you have 10 individuals with values {$1, $2, $3, $4, $5, $6, $7, $8, $9, $10}. Your marginal cost of production is $2.50. What is the profit-maximizing price? Using this
what are the limitations of economies of scale?
EXCEPTIONAL SUPPLY
Unions in a Competitive Market: Again, there a group of economists who will rely on the use of the competitive model to demonstrate the evils of unionization. The most regular anal
Xd(Px)=5000-100Px
state the law of downward sloping demand
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