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What are the possibilities of returns to scale in production technology? Three possibilities are there as: technology exhibits (a) constant returns to scale; (b) decreasing ret
explain marris model of the managerial enterprise
What is paramagnetic?
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explain bains model of limit pricing
the price elasticity for gizmos is known to be 1, if sellers of gizmos increase their
Economic Reforms and Infrastructure Growth Infrastructure data for the pre-reform period (1980-81 to 1990-91) is with1980-81 as base year and for post-reform period (1993-94 t
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"A firm in monopolistic competition maximizes its profit by producing where its price is equal to its marginal cost." Is this statement correct or incorrect? Explain.
the prevalence of excess capacity is the direct consequence of the existence of monopolistic competition
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