Economics, what is microeconomics

what is microeconomics

Price change, 1.  Seller has ample time to adjust to price change. 2.  B...

1.  Seller has ample time to adjust to price change. 2.  Buyer's response to small price change is significant. 3.  Buyers are faced with many options when deciding to make a

Demand function for product, 2. You are examining the effects of a specific...

2. You are examining the effects of a specific tax of 10 cents imposed on the sales of a product that we shall call XYZ. To carry out your analysis, assume that the market is a per

Keys of the profit maximisation in production technology, What are the keys...

What are the keys of the profit maximisation in production technology? Profit Maximization in production technology: a. Producer Behavior b. Producer’s Optimal Choice

Case study, Is Indian companies running a risk by not giving attention to c...

Is Indian companies running a risk by not giving attention to cost cutting?

Modern theory of rent, what are the criticisms of modern theory of rent?

what are the criticisms of modern theory of rent?

Cost function, function with equation,variable,parameter

function with equation,variable,parameter

The lower the value MR of monopolist ,

Equibilium, Suppose Dlamini has R5 000 to spend on trousers and shirts. The...

Suppose Dlamini has R5 000 to spend on trousers and shirts. The price of trousers is R500 each and that of shirts is R312.50 each. 6.1 Use the information and calculate consumer eq

Gdp growth, GDP Growth, Employment and Poverty: The advocates of econo...

GDP Growth, Employment and Poverty: The advocates of economic reforms point out that the reform process has the potential of accelerating economic growth. After the teething t