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write about the origin of sylos labini''s limit pricing model
a) The production function of certain firm is given as Q = 40 K 1/2 L 3/4 A unit of capital and labour costs Kshs 44 and Kshs 36 respectively. The firm would like to maxim
do you think that dimnishing returns to a factor are consistent with increasing returns to scale? explain with suitable diagram and reasoning.
explain the marginal produtivity theory
The market demand function of a firm is given by 4P + Q - 16 = 0 And the AC function takes the form AC = 4/Q + 2 - 0.3Q + 0.05Q 2 Find the Q which gives: (a) Maxim
In year one, suppose the federal government has no national debt and spends $100 billion, while raising only $50 billion in taxes. The U.S. Treasury will issue $ billion of governm
why is the point outside the production possibility curve(PPC)called unttianable
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
Visit to a village panchayat for agriculture based project
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