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explain marris model of the managerial enterprise
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Difference between accounting profit and economic profit: The difference between accounting profit and economic profit is that economists include in total cost of production b
what are the majotr sources of monopoly
can you help me answer an economics question
what is the second best?prove the theorem with the help of a diagram?
my q is dat how can we find mathematically dat a production function is concave?
Suppose you have 10 individuals with values {$1, $2, $3, $4, $5, $6, $7, $8, $9, $10}. Your marginal cost of production is $2.50. What is the profit-maximizing price? Using this
A type of economy (like in Europe in the Middle Ages) which is primarily agricultural however productive enough to support a class of merchants andartisans. Feudal societies are co
Demand is defined as a schedule of the quantities fo good that will be purchased at various prices similarly the supply refers to the schedule of the quantities of a good that will
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