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Profit: This is surplus left over after a company sells its output and pays off cost of production (which includes raw materials, labour costs and a proportional share of its capital equipment). Its calculation is: revenue - cost = profit.
illustrate and explain the changing demand gor big Mac using the indifference curves and budget line
Nucleic acids perform two important functions 1. Replication: It is the property of biomolecules to synthesise exact copy of it. DNA has this unique property of duplicating it
Which firm has the greatest minimum efficient scale?
Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.
1. The two-way ANOVA, non-orthogonal case, has been a vexing problem for ANOVA researchers for many years. Please answer the following questions concerning the two-way non-orthogo
what is the reason behind studing this topic ?
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Discuss the impact of rational self-interest on each of the following decisions
why the PPC curve slopes downward?
relation between production and consmption
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