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What is an optimization in the methods of mathematics of modern economics?
Optimization is a basic tool for the development of modern microeconomics analysis. Many of economic models are based onto the solution of optimization difficulties.
Results of such subsection are used through the text. The fundamental optimization problem is about maximizing or minimizing a function onto some set. The fundamental and central result is the existence theorem of Weierstrass.
shows teh steps in unitary mehod
TC = Q3 – 8Q2 + 68Q + 4, get the median and mode
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The Demand Curve - The demand curve exhibits how much of a good consumers are ready to buy as the price per unit changes keeping non-price factors constant. - This price-qua
illustrate and explain the changing demand for big mac using the indifference curve and budget line
Is Nigeria''s census accurate?
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what is rational decision and why it requires one''s choices be consistent with one''s goals?
Analysis of business portfolio by using Boston Consultant Group (BCG) Matrix.
Derived demand and Demand schedule: D erived demand is where the demand for a final product leads to the demand for a second product which is used to produce this final p
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