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what is the application of consumer surplus
THEORY OF CONSUMER SURPLUS: We discuss the basic concept of consumer surplus and its derivation. A consumer normally pays less for a commodity than the maximum amount that she
Modem theories of trade
A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero
Fluctuations in Growth Rates: Fluctuations in year-to-year growth rates in early stages were very marked, which indicated that the economy had failed to create conditions cond
Nature of Expectations in Keynes' Theory : The above discussion on the nature of expectations in Keynes' theory may be summarised as follows: 1) In forming long-term expec
a severe restriction occurs to the availability of consumer credit throughout the banking and finance system
how to find total revenue total cost approch in equilibrium firms
Qustions: You are the sales manager at SoftSystem, a dominant firm that produces operating system. The new operating system, Doors XR, has been newly developed. Its demand is e
How to calculate new profit earn by a firm in oligopoly if another firm cheat
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