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Monopoly: Monopoly is a market structure in which there is a single firm producing a commodity or providing a service that has no close substitutes. As the sole supplier to it
5 reasons of make in contruction a ppc
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Protection against dumping: It could be looked at as the export of commodities priced below cost of production. Dumping is generally looked upon as an unfair trading practice
Budget Constraints * The Budget Line - The budget line indicates all the combinations of 2 commodities for which total money spent equals the total income. * The Budget
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Economic Ef ficiency The effort to making products and services in the least costly way without sacrificing excellence.
limitation of kaldor hicks in compensation test and welfare criteria
What are the economies and diseconomics of scale?
Discount Rate The term discount rate relates to business valuations. It is the rate applied to a future torrent of making an income or cash flow to measure its represen
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