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Syndicated and organized oligopoly
price falls and demand is elstic
define perspective of managerial economics.
Joe Brown’s dairy operates in a perfectly competitive marketplace. Joe’s machinery costs $500 per day and is the only fixed input. His variable costs are comprised of the wages pai
Question Suppose you work for the state government of California. Due to the heavy traffic jam on I-880, the state has decided to decide to construct a new highway. To fund a p
Explain the detail central problem of an economy?
Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.
relation between production and consmption
Economics and Ethics : Morality and ethics are powerful motivations to behavior. Thouh, economists suppose that rationality is a function of demonstrable self-interest. That mean
Does the curve represent if the risk is NOT taken and the line connecting two points on the curve represents if the risk IS taken?
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