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Returns to Scale Measuring relationship between scale (size) of a firm and output 1. Increasing returns to scale: output more than doubles when all the inputs are doubled
Inverse Demand Function: If variable factor prices changes, then the isocost line will tilt and consequently, the optimal factor requirement will be different. Suppose the wage rat
what is the example of this law
subsitution effect dominate tha income effect in which good case?
maximum profits will occur at the output level
calculate point elasticity of demand function Q=10-2p for decrease in price from Rs3 to Rs2
when does market equilibrium occur?
how to write an overall introduction about gdp?
What is use of analytical tools in the modern economics? Analytical Tools: Modern economics also gives different powerful analytical tools which are usually specified by geo
Definition of oxidation number... Oxidation number is a charge of central atom appears to keep if all of the ligands are removed along with the electron pairs which are shared wit
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