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A film studio in Hollywood produces movies according to the function q = F(K;L) = (2=100)K^0.5L^0.5 In the short run, capital (studios, gear) is xed at a level of 100. It costs $
Explain the micro and macro economic issues that can be represented on the PPC
how can draw the table and diagram of production function function with one veriable
. the condition for second degree of price
why s-block elements are powerful reducing agent?
advantage dis advantage of pure monopoly
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
meaning, scope, nature
Ask quesIn your own words describe how a market would adjust in situations of: a) Excess Demand b) Excess Supply c) Equilibrium As a follow up you might think about what effects
Objectives of the WTO: The agreement establishing the WTO reiterates the following objectives of the WTO: • Raising standards of living and incomes, ensuring full employm
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