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Micro economics is the study of individual unit of an economy
. the condition for second degree of price
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
What are the economies and diseconomics of scale?
What are economies of scale and diseconomies of scale? In economics, returns to scale and economies of scale are terms that are related and sometimes incorrectly used intercha
WHAT ARE ROLE AND ASUMPTIONS OF ECONOMIC THEORIES
explain 6 factors that determine volume of production
draw the total revenue curve and the total cost curve showing the profit maximizing level
Location of industry and localization of industry: Location of industry tries to answer the key economic question "where to produce". It involves deciding on the area that an
What are the differentiated conditions of economic issue? While discussing an economic issue, this is very important to differentiate between: (a) Two types of conditions: e
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