Microeconomics, Microeconomics

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Neoclassical economics, In neoclassical economics, equilibrium exists when ...

In neoclassical economics, equilibrium exists when supply equals demand for a particular commodity. General equilibrium is a special (purely hypothetical) condition in which every

Price index?, What was the price index for 2008, 2009 and 2010?

What was the price index for 2008, 2009 and 2010?

Opportunity cost, discus how opportunity cost influence supplier''s decisio...

discus how opportunity cost influence supplier''s decision to supply labour

frms total cost, A firms total cost function is TC=0.0006*X^3-0.086*X^2+4....

A firms total cost function is TC=0.0006*X^3-0.086*X^2+4.8*X+25 and its total revenue function is TR=2.5*X find its profit function

Marginal utility, Marginal utility   - It is the measure of the addition...

Marginal utility   - It is the measure of the additional satisfaction obtained from consuming one additional unit of good. * Marginal Utility: An instance - The marginal u

Production with two variable inputs, Production with Two Variable Inputs ...

Production with Two Variable Inputs *  There is relationship between productivity and production. *  Long run production K& L are variable. *  Isoquants analyze and compa

Supply and demand, During the 1990s, technological advance reduced the cost...

During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of

Monopoly market, 9. The average supernormal profit for the firm is

9. The average supernormal profit for the firm is

Assignment, static & dynamic multiplier of keynision theory

static & dynamic multiplier of keynision theory

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