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if Q=120-2p is the equation for demand curve, find the compounding total, marginal and average revenue function
firms both in monopolistic and perfect competition tend to make normal profits but why do they criticize only monopolistic competition
A medical insurance company offers its salespeople the following compensation scheme: each worker takes a fixed salary and, in addition to that, a commission depending on the volu
Firm and industry supply schedules The plan or table of possible quantities that will be offered for sale at different prices by individual firms for a commodity is called su
Time domain: Time domain is a term which is used to define the analysis of mathematical functions or physical signals, with respect to time. In the time domain, signal or function
NATIONAL DEBT Taxation does not often raise sufficient revenue for the Government Expenditure. So, governments resort to borrowing. This government borrowing is called Publi
Q. What do you mean by Cost Function? Cost function is a derived function. It's derived from the production function that describes the efficient method of production at any gi
What is identity economics? How does identity economics help to explain economic questions that standard economics fails to address?
Commercial Banks A Commercial Bank is a financial institution which undertakes all kinds of ordinary banking business like accepting deposits, advancing loans and is a member
discuss the significance of managerial economics in regards to business strategies employed by business entities currently operating in the global economy
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