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determinate equilibrium price and quantity. if Qd=7-1/2p AND Qs=1/4P-1/2
Movements of the demand curve itself, either to the left or right are known as changes in demand. A change in demand is caused by a change in one or more of the nonprice determina
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
given short run total cost curve :10q^2+4q=100 and short run marginal cost MC=20q+4 and market demand Q=100-p what''s the equation of the short run supply curve?
. Crumble Corporation produces cookies. Here is the relationship between the number of workers and output (in dozens of cookies) in a given day: Workers Output Marginal Product
give assumption, rules/formulas and demonstrate that ramsey prices are the seconnd best pricing. explain clearly.
You just opened a flower shop and are trying to understand pricing issues. You were told that elasticities are very important in determining prices and what products to supply, so
what is the significance of the Loucas critique in political economy?
what are the properties of cost function
Discuss whether inflation or deflation is the more serious problem for an economy. Inflation is a consistent general enhance in the price level, whereas deflation is a consiste
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