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"Micron" is a company,providing micro financing facility for various business entities.So far Micron has been in operation for seven years facilitating new business ventures and ex
bains limit price
law of diminishing marginal returns does not hold then output of the world can be produced in a flower pot. Explain?
The Short Run versus long Run - Short-run: Period of time in which the quantities of one or more production factors cannot be changed. These inputs are called as fi
Andrew has preference given by: u(x,y) = min{2x, 3y} The price for good x and good y are identical and equal to 4. At his optimal consumption bundle he achieves a utility of 90. W
Is economics an art or a science
show this in a pie chart age = under 20|number of people = 20.90
the law diminishing marginal utility explain through flow chart
elasticity of demand of a product in different market forms such as perfect competition, monoply etc.
What are the advantages of leaving the allocation of a countrys resources to the price mechanism? Ans) The main conditions needed are: 1. Either a finite number of agents or pr
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