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It is necessary for the proper understanding of the price theory to know the various concepts of cost that are often employed. When an entrepreneur undertakes production of a commo
maximum profits will occur at the output level
Economic policy efficiently: The reason for poverty and misery in the developing countries is not essentially the lack of potentialities or resources, human or material, but t
The price elasticity of demand is how economists calculate the responsiveness of consumers to alters in prices for a commodity. In other words, as price enhances (reduces), the qu
#question influence of an increase in migrant on market supply labour
Is Indian companies running a risk by not giving attention to cost cutting?
law of diminshining marginal utility
Analysis of business portfolio by using Boston Consultant Group (BCG) Matrix.
state 3 major assumptions which a production posibility is based
Unions in a Competitive Market: Again, there a group of economists who will rely on the use of the competitive model to demonstrate the evils of unionization. The most regular anal
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