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in the context of managerial economics how do you explain a rational producer.illustrate giving example.
when total production fall what,s the status of average product and marginal product
Ask quesThe market demand for brand X has been estimated as Qx = 1,500 - 3Px - 0.05I - 2.5Py + 7.5Pz where Px is the price of brand X, I is per-capita income, Py is the price of
Strictly give the diff. btw the theory of reciprocal demand & theory of comparative advantage
A government official announces a new policy. The country wishes to eliminate its trade deficit, but will strongly encourage financial investment from foreign firms. Explain why su
Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class
Consumers purchase a house or multiple dwellings for a number of reasons. But what is the rationale behind their decision to buy and/or sell a house, flat or apartment? Do consumer
Since World War II, North Korea has had a centrally planned economy in which the government makes the big decisions on how resources will be allocated. Why would you expect North K
how to make attractive assignment on theory of supply
types of market competitions
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