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In the short run, the size of the plant is fixed whereas in the long run a firm can adjust its plant size. One of the choices in the long run will be the short run plant size. That
2) Proctor & Gamble (P&G)
China had to convert its yuan into dollars. Does that cause the dollar to appreciate or depreciate?
Differentiate between firm and industry. A firm is a business unit produced for the purpose of carrying out some kind of trading activity. The term "firm" is used in many ways
calculate point elasticity of demand function Q=10-2p for decrease in price from Rs3 to Rs2
Is there any relation between inflation and unemployment? The Phillips Curve was a relationship among unemployment and inflation discovered by Professor A.W. Phillips. He foun
About four years ago, Kanye West performed at the UIC Pavilion. General admission tickets were priced at $30. Concert promoters say that price elasticity of demand for general admi
Q. State the Keynesian Theory of employment? Under employment Theory, Govt interference Aggregate Demand- Aggregate supply- Effective demand, Income and employment consumption
how might opportunity cost help to explain the pattern of international trade?
How does an increase in the size of a future payment affect the present value of a future payment
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