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What are the keys of the profit maximisation in production technology?
Profit Maximization in production technology:
a. Producer Behavior
b. Producer’s Optimal Choice
c. Producer’s First-Order Conditions
d. Sufficiency of Producer’s First-Order Condition
e. Properties of Net Supply Functions
f. Weak Axiom of Profit Maximization
g. Recoverability
Describe Ionization energy or ionization potential and The factors affecting the ionization energies
Technical Economies: They are economies that accrue from the use of large machines with emphasis on full utilization and efficiency in production. First, there are some equip
what is the definition of economic system?
1. A standard solution of potassium hydroxide (KOH) was prepared by dissolving 15g of KOH in 250.0mL of distilled water. (a) Calculate the concentration of this standard solution.
Ask question what is frugal economy
how can a price ceiling make consumers better-off? under what conditions might it make them worse off?
In the case of a tax abolition on food staples, what are the short run and long run effects?
given the cost function as C=0.3Q3-2Q2+13Q+25,find the supply function
Relation between TP and MP: Graphically, given the total product curve, MP is the slope of the tangent at any point on the TP curve. This is shown in Figure. See that
Q. Define Migration in Microeconomics? Migration:It's the movement of human beings from one country or region to another. Sometimes migration is motivated by economic factors (
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