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discuss whether marginal utility is a realistic piece of economic analysis in explaining consumer demand
explain the relationship between ATC,AVC and MC by using diagram
advantages and disadvantages
fig2.3 elaplanition of sales maximisation
what will be the effect on price and quantity when supply and demand changes in different directions but same magnitude?
(Cost minimization) a) What are the expressions for the marginal product of every of the two inputs in producing credit hours? b) What is the expression for the marginal r
According to the Linder theory ,trade will occur in goods that have overlapping demand. With aid of a graph ,illustrate this theory and its implications
describe the dominent firm model
If the average variable cost curve is horizontal, what is the shape of the short-run marginal cost curve? What shape would the short-run average cost curve be?
Long Waves: Longer-term periods of stagnation or growth in the economy, that can last for a decade or more and reflect broader changes in technology, politics, and international re
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