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define scarcity and opportunity cost.Show how these concept are useful in managerial decision making
In regards to air pollution, use a diagram to show and explain how the existence of pollution can make the market equilibrium inefficient.
Let Consider an economy with three states. The following set of stocks is traded: x 1 =(2,2,0) x 2 =(1,0,3) x 3 =(0,2,4). The t=0 prices of these stocks are give
The institutional intervention theories Collective bargaining provides an example of what is sometimes called bi- lateral monopoly; the trade union being the monopolist suppli
if market demand is Q= 30 - 3P how do you write the marginal revenue function as a function of Q
Discuss the price output determination using profit maximization under perfect competition in the short run.
how sample size technique is helpful in demand forecasting of a particular product?
What is Cyert and March's behavior theory? What are the demerits.
Q. Describe the Public Utility Monopoly? Public Utility Monopoly: Governmental authorities seize complete management and control of some utilities to protect social interest
Let consider the economy (above) again where the following set of stocks is traded: x 1 =(2,2,0) x 2 =(1,0,3) x 3 =(0,2,4) for the prices (p 1 , p 2 , p 3 )=(1,
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