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define for whom to produce
#how do you draw a demand curve on excel
If producers expect future prices to enhance, current supply will decline in favor of selling inventories at higher prices later. In other words, supply will reduce (a shift to th
assume you are selling a product and when your price is decreased by 29% your quantity demanded increases by 55%. What is your price elasticity of demand?
What are the factors that producers in the society may take into consideration when deciding on the what to produce,how to produce and for whom ?
(i). A firm's costs are 500 when output is 100. If the TC function is linear and fixed cost (FC) are 200, find the marginal cost when Q = 4, 5 and 6. (ii). The following are est
What are the advantages of trade surplus
Carmen, the Queen of Electra, is concerned over what she believes is an excessive consumption of electricity. Consequently, she proposes an excise tax on electricity consumption w
What are the economies and diseconomics of scale?
Telecommunications industry in South Africa
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