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types of elasticity
what is market
monopolistic competition
The aim of monopolist is to maximise profit therefore; he would produce that level of output and charge that price which gives him maximum profits. He would be in equilibrium at th
Ask questiHow does economic theory contribute to managerial decisions? on #Minimum 100 words accepted#
Q. Explain about Smooth Convex Isoquant? Smooth Convex Isoquant: This kind of isoquant presumes continuous substitutability of capital and labour over a certain range, beyond
define derivatives
INDIRECT TAXES These are imposed on an individual mostly producers or traders but they can be passed on to be borne by others usually the final consumers. They can also be de
Ajax has the following short run cost curve when tc=800000-5000Q+100Q2
finding marginal product
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