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A competitive firm produces output using three fixed factors and one variable factor. The firm’s short-run production function is q = 154x – 5x2, where x is the amount of variable
explain 6 factors that determine volume of production
Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.
why does the quantity of salt tend to be unresponsive to changes in its price
What have been some justifications given for the historical exclusion of household production from the national accounts? Some reasons have included: a. households are not p
how to write an half equation
how to solve for marginal revenue
i''m">http://papers.xtremepapers.com/CIE/Cambridge%20International%20A%20and%20AS%20Level/Economics%20%289708%29/9708_w07_qp_1.pdf i''m finding question 13 difficult to comprehen
Current Account Deficit (CAD): Boon or Bane The general belief is that high CADs are dangerous. In general, this is correct. But the converse that low CADs are good is not. A
Factors that calculate price elasticity of demand: The proportion of Income spent on the Commodity If the price of a good is relatively low such the expenditure on it is a
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