Managerial economics, economics, Microeconomics

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what is budget line?show the shift in the budget line

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when the demand function is 2Q-24+3P=0,find the marginal revenue when Q=3.

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equilibrium output and prince is determined in williamson model of managerial discretion ?

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a) Explain the perverse incentive. b) What makes the incentive perverse? c) How could the incentive makers better the incentive?

Consumer equilibirium, diagrammatically condition of consumer equilibirium

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