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what to produce? how to produce? for whom to produce
Determinants of quantity supplied of a good The quantity of supplied of a product is influenced by factors such as the market price of the commodity, prices of inputs, techno
Learning curve implies: 1) The requirement of labor falls per unit. 2) Costs will be high at 1 st and then will fall with learning. 3) After eight years the labor requ
Recent developments in demand theory
In an industry with two firms, represent the outputs for these single product firms as q 1 and q 2 . The two firms decide to form a cartel and set their levels of output to maxim
explain graphically Equilibrium of a multi product firm
What is a negative externality?
how does utility figure in the analysis of consumer demand
what will be the possible concequences if a large scale like Toyota place its new product in Indian market without having forecast the demand for its product
elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
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