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The Effect of Effluent Fees on the Firms' Input Choices * Firms which have a by-product to production produce an effluent. * An effluent fee is a per unit fee which firms
First Degree Price Discrimination - The monopolist sells different units of the commodity at different prices which differ from person to person. Second Degree Price Discriminat
Returns to Scale in Carpet Industry * The carpet industry has grown from the small industry to large industry with some large firms. * Question - Can the growth be illu
discuss the term of price mechanism,give examples to elaborate the concept clearly
how can a price ceiling make consumers better-off? under what conditions might it make them worse off?
three marginal conditions of pareto optimality
What are the most important challenges that economists try to address? (ii) What is the role of government in a market based economy? (iii) Who are the main economic players and w
GIVE EXAMPLES OF EACH OLIGOPOLY MODELS FROM REAL LIFE
economic analysis of demand on retailer in ustralia
when the demand function is 2q-24+3p=0,find marginal revenue when q=3
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