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Q=2h find the marginal point. where q is the quantity of electricity in MW-h and h is the amount of water (in 100s of liters per hour)
assignment
In theory, we know that a monopolist basis its price directly off of the demand curve, but in practice a monopolist cannot ''see'' the demand curve. Explain how a monopolist might
indifference curve and budget line
Discuss how the opportunity cost principle influence a supplier''s decision to supply labour
Government increases the taxes on car ownership. Explain the possible market outcomes of such a decision. As this is a tax paid by owners, and therefore not levied indirectly
Mixed Economy: This type of economic system combines the features of both the capitalist and socialist economic systems. The private sector is allowed to function on the principles
Given the cost function as C=0.3Q3 -2Q2 + 13Q + 25, find the supply function.uestion..
Five uses of elasticity on the Public Sector and five uses of elasticity on the Private Sector.
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