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#q7. Problem-solving question: Use the following data for a firm’s output at various levels of employment (L) to calculate: a) its marginal physical product of labor (MPPL) sched
bains limit theory
meaning of opportunity cost under theory of cost
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I want to know all about equilibruim consumer equilibruim firms equilibruim nd market equilibruim technically also??
what is indifference curve''s theory and application
Problem 1: a. Describe the term ‘inflation' and explain the relationship between money supply and inflation. b. Describe the conditions and processes that are associated wi
Mathematical Presentation of Utility maximisation: Consumer's objective is to maximise her utility by solving UMP. To solve UMP, we set the Lagrange function of the correspond
consumer equilibrium by indiffrence curve approach
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