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explain diagrammatically the bains model of limit pricing.
Suppose that a firm’s production function is given by Q=30L-3L2, where L is labor input and Q is the output. a) Derive and draw the firm’s demand for labor while the firm’s produc
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EXPLAIN KINKED DEMAND CURVE
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when the demand function is 2q-24+3p=0,find marginal revenue when q=3
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