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Estimating and Predicting Cost * Estimates of future costs can be obtained from a cost function, which relates cost of production to level of output and other variables which t
characteristics and models of oligopoly by Sweezy,cournot and edgework
the existance of a labor marketcharacterised by perfect competition is a fallacy.discuss
We consider two regions A and B. Each market has the same size (i.e. number of consumers) but differs in the willingness to pay for one unit of the good proposed by the firm. On ma
i need just to talk about the oil in 3 pages
Purchasing Power Parity (PPP): The exchange rate is determined by the relative purchasing power of currency withineach country. For example, if a product X costs Rs. 100 in I
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Inflation And Unemployment: Inflation describes a persistent and an appreciable increase in the general price level. The inflation rate is measured as a percentage change in a
What is consumer surplus? What is its significance and what causes it to change?
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