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Five identical people live in a small town and can earn a living either by having cattle $100 or by becoming a singer. If one person competes their expected payment is 210, if two
Diseconomies of Scale A rises in a firm's cost of producing an additional unit as all another factors of production rising. Diseconomies of scale can be caused by poor and ine
Negative profit FC + VC > R(q) MR > MC Indicates higher profit at the higher output - Question: Why is profit negative when the output is zero? - Outp
A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero
EXCEPTIONAL SUPPLY
TC = Q3 – 8Q2 + 68Q + 4
Relatiön between TC ,TFC and TVC
explain diagramatically Bain''s limit pricing mode
explain the marginal produtivity theory
The least square method is based on the assumption that the past rate of change of the variable under study will continue in the future. It is a mathematical procedure for fitting
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