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Q. Show the method of production? A process or method of production is a combination of inputs essential for the production of output. A method of production is technically eff
Features of Planned Economy The command economies relies exclusively on the state. The government will decide what is made, how it is made, how much is made and how distribut
definition of total revenue,marginal revenue,average revenue
Suppose that Betsy's utility function is given by the equation U=Y0.3 where Y is calculated in thousands of dollars. Betsy's present job pays her $20,000 (Y=20) per year and she ca
Managerial Economics helps create utility for the Society.
elasticity concepts occupies a central place in policy formulation explain in details
plz help tomorrow is my paper n I need help to understand this topic
what is the theory of firm?
p=10, TC= 1000+2Q+.01Q^2, Q=?
Now, let's modify our model a bit. Let's add a fourth sector of spending so that Y = C + I + G + X n with X = X o and M = M = f (Y). Will this change, by itself, increase, decrea
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