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What are the properties of compensared demand function
It is necessary for the proper understanding of the price theory to know the various concepts of cost that are often employed. When an entrepreneur undertakes production of a commo
If demand goes down what happens to the equilibrium?
what is the relevance of microeconomic analysis in contemporary Nigerian economy
Can marginal cost be constant? If so, does this mean that marginal cost are equal to average variable cost?
Direct and Indirect Benefits Life time earnings of an educated person is an instance of direct benefit from education. Skills produced in training or extension programmes in a
negative slope on ppf represents what?
New developments
How to calculate: fixed cost is $1,000,000 tvc $4,400,000, avc is $22, atc $27, worker productivity is 4. How do I calculate the profit or loss?
List and describe the determinants of the price elasticity of demand and of supply.
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