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what does production possibilty curve means?
Supply and demand for a given type of MP3 player are given by the following equations: P=980-1.5Qd P=20+0.9Qs
how do i use the grid technique to determine the least cost
Curvature of the Iso-quant: An iso-qunat is convex to the origin. This is so because as more and more units labour are employed, the producer would prefer to give up less and
The Bandwagon Effect - This is desire to be in style, to have a commodity because almost everyone else has it, or to indulge in it. - This is major objective of marketing an
what is the second best?prove the theorem with the help of a diagram?
characteristic of duopoly
to what extent are interest rates determined by the economic theory
What are the basis for International Trade?
how the increase in price will affect consumer''s ability to maximise satisfaction?
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