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argument against in favour of traditonel theory profit maximisation
explain the concept economies/diseconomies of scale and minimum efficient scale
excess reserve make a bank less vulnerable to runs.why
Costs: If raw materials, machines and other things required for production could be made available freely then the study of the theory of the production and indeed, the study of
given the cost function as C=0.3Q3-2Q2+13Q+25,find the supply function
Problem: i) What do you meant by the term ‘economic efficiency'? ii) By using appropriate examples differentiate between fixed and variable costs. iii) Consider different
Double Jeopardy A condition where an entrepreneur's main source of income and net worth depend on the entrepreneur's organization.
what is consumer''s choice involving risk.preference toward risk.
concept of the law of supply
It is important to understand the important characteristics of monopolistic competition. The knowledge of these features will enable the students to know how this form of market st
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