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Xd(Px)=5000-100Px
why constant return to scale is important
Allocation Function The shifting or reallocation of production property into or out of markets based on shifts in prices for the products or services produced in that market.
what is the theory of supply
subsitution effect dominate tha income effect in which good case?
Consider a decision faced by a cattle breeder. The breeder must decide how many cattle he should sell in the market each year and how many he should retain for breeding purposes.
What does economic theory contribute to managerial economics? Explain
Price: The price factor is another important variable to be included in demand analysis. Here one has to consider the prices of the product and also its substitute and complement
discuss the problems of measuring productivity in actual work situations. how might productivity be measured for each of the following industries: education, government and manufac
characteristics and models of oligopoly by Sweezy,cournot and edgework
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