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do you agree that according to econmy theory a business will always close if its total reveneu cover total costs
Elasticity help
arguments in favour and against of Theory of Profit Maximization
1. The figure below is historical production data from the Kuparuk River field. The OOIP is 5,332,979 Mstb and cumulative recovery through 12/31/2004 is 1,971,200,654 stb.
discuss whether marginal utility is a realistic piece of economic analysis in explaining consumer demand
brief explain of keynesian consumption theory
diffence b/n fixed and variable input
What does economic theory contribute to managerial economics? Explain
causes of market failure and its solutions?
Marginal rate of technical substitution in the theory of production is similar to the concept of marginal rate of substituent to in the indifference curve analysis of consumer dema
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