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What are the major differences between the equilibrium of profit maximiser and sales revenue maximiser?
problem solving
illustrate and explain the changing demand gor big Mac using the indifference curves and budget line
What is the optimal consumption bundle and marginal utility per dollar? The optimal consumption bundle is the consumption bundle which maximizes a consumer's total utility sp
INDIVIDUAL DEMAND * Price Changes - Using figures developed earlier, the impact of a change in price of food can be shown by using indifference curves. Effect of Price
Discuss two factors that would increase demand for labortion..
if the inverse demand curve is p=120-Qand the marginal cost is constant at 10, how does charging the monopoly a specific tax of 10 per unit affect the monopoly optimum and the welf
conditions for an abnormal supply curve
What is the resultant pressure if 2.7 mol of ideal gas at 273 K and 2.51 atm in a closed container of constant volume is heated to 399 K
x-3y+6z=1 2x-5y+10z=0 3x-8y+17z=1
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