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This is the practice of maximizing profits and revenues and minimizing costs, using marginal analysis.
why we study micro econmics?
Elasticity- a) The price of good X goes up by 2.75%, the quantity demanded of good Y goes from 10,500 units to 25,000. What is the Exy? What does that number mean? What is th
reason for kinked demand curve
use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labour on an increase in immigration..
electronic configuration of s block elements
Impact of government legislations on business in india Government in India plays a dominant role in the Indian business activity. It directs and regulates the private business and
Outline four limitation of game theory?
Risk Premium - The risk premium is amount of money which a risk averse person would pay to keep away from taking a risk. * Risk Premium: A Scenario - The person has a 5%
What is the Adam smith view of "invisible Hand"? Invisible hand is an unknown power which is working for the interest of total economy. In any economy, everybody cares for his
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