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It indicates the amount of output by that long run output of the firm under monopolistic competition falls short of the Ideal output. This is regarded as wastage in monopolistic co
What is advertising elasticity? Explain
Using the National Output for Calculating National Income A final method which is more direct is the "output method" or the value added approach . This involves adding up
Limitations of Uneven Distribution of Income and Wealth Unlike the historical experience of the now developed countries, the rich in contemporary Third World Countries are not
define scarcityand oppurtunity cost.show how these concepts are useful in managerial decision making
Is Indian companies running a risk by not giving attention to cost cutting?n..
Define theVariable factor of production The input level of a variable factor of production can be diverse in the short run. Raw material inputs are believed as variable fact
sealed bid pricing
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
Q. Explain Discrete-event simulation? Discrete-event simulation: Operation of a system is signified as a chronological sequence of events. Every event take place at an instan
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