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Marginal Revenue, Marginal Cost & Profit Maximization * Determining profit maximizing level of output - Profit (π ) = Total Revenue - Total Cost - Total Revenue (R) = Pq
explain land as a part of the four factors of production
characteristics and models of oligopoly by Sweezy,cournot and edgework
Aggregate household indebtedness: This is the purchasing power of the sum of money outstanding that households have borrowed and are currently obligated to repay. If household
Prove the theory of second best with the help of a diagram
Commodities that are viewed as luxuries typically have price elastic demand, and commodities that are requirements have price inelastic demand. There is easily no substitute for a
oxidation state of f block elements
DISCUSS THE COMPENSATION PRINCIPLE OF KALDOR -HICKS
a monopolist faces a demand curve Qd- 120-2p and has costs given by C(Q)=20Q+100 (marginal cost is constant at $20) a. What is the optimal Price and Quantity for this monopolist?
crumble corporation produce biscuits. here the relation between the number of workers and output
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