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In regards to air pollution, use a diagram to show and explain how the existence of pollution can make the market equilibrium inefficient.
The following contains cost and benefit information for two different alternatives for a w capital investment in computerized process technologies to control the process at a manuf
According to J.B. Clark's profits arises in a dynamic economy, not in a static one. A static economy is one in which there is absolute freedom of competition population and capital
What is producer surplus? “The more the competition among the sellers, the less the producer surplus enjoyed by the producers” – do you agree with the statement. Justify your answe
Define Williamson''s Model of Managerial Discretion practice?
Types of isoquant
what are the limitation of managerial economics and what is the solution of it?
Q. Optimal Input Combination for Maximisation of Output? Equilibrium conditions of the firm are identical to the above situation which is, iso-cost line must be tangent to the
what are the Sources of public debt
Theories of wage determination Early theories about wages The earliest theories about wage determination were those put forward by Thomas Malthus, David Ricardo and Karl
how much output should a firm produce? 80$ per unit C(Q)=40+8Q+2Qsquared
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