#theory of consumer., Microeconomics

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why raise MC cost after minimum level ?

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Various studies have concluded that the demand for movie cinema attendance is responsive to advertising.  A study of one company, with movie cinemas in three neighbouring towns, sh

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Let {(y i ; x i ); 1 ≤ i ≤ n} be an i.i.d sequence of random variables where yi and xi satisfy the linear relationship y i = β 0 + β 1 x i + ∈ i with Cov(x i ; ∈ i ) = 0

Why government cannot print new currency to pay the debts, Why government c...

Why government cannot print new currency to pay the debts?  When there is deficiency of internal resources then government borrow. Government can borrow either from central ban

Opportunity cost, meaning of opportunity cost under theory of cost

meaning of opportunity cost under theory of cost

Average cost curve, Why short run average cost curve is ‘U’ shaped

Why short run average cost curve is ‘U’ shaped

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