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what are the similarities and differences of marginal productivity and marginal utility
#question#.problems and its solution of microecnomics
Economies of Scope in the Trucking Industry * Questions: - Economies of Scope - Are large-scale, direct hauls cheaper and more profitable than individual hauls by small t
There are two individuals in town, one is high risk and the other is low risk. 1 The probabilities of having an accident for the low risk individual and high risk individual are p
Q=10-2P,PRICE DECREASE FROM RS 3 TO 2
differance between capitalism and socialism
Returns to Scale in Carpet Industry * The carpet industry has grown from the small industry to large industry with some large firms. * Question - Can the growth be illu
Returns to Scale Measuring relationship between scale (size) of a firm and output 1. Increasing returns to scale: output more than doubles when all the inputs are doubled
Determinants of Private Demand - Unemployment Rate Unemployment rates linked to specific courses of study can be useful indicators to determine investment in education. Their
Calculate the price elasticity of demand or supply for the following function when P=8 p=6(I)p=40-0.5q
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