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what are the similarities and differences of marginal productivity and marginal utility
what will be the possible concequences if a large scale like Toyota place its new product in Indian market without having forecast the demand for its product
Ask question # how do you formulate a demand and supply equations when you a table of prices, quantity demanded and supplied?
Define law of supply. Quantity supplied rises as price raises, other things constant. In other words, "Other things being equivalent, when the price of a product rises, then s
Differentiate between firm and industry. A firm is a business unit produced for the purpose of carrying out some kind of trading activity. The term "firm" is used in many ways
Explain what economies of scale are and why they have become increasingly common in later years. Economies of scale - Enhance in fixed factors, but output enhances at a propo
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Marginal Product Theory a. What is the MC of output in the short-run? b. What is the MC of labor (employed)? c. What is the short-run profit-maximizing decision
What are the economies and diseconomics of scale?
monetary policy
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