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Why firm charges different prices to different consumer?
Every firm needs to maximize its profit. When goods are sold to different customers, each customer negotiate price of the good independently. So, dissimilar prices are settled with different customers. So, different prices are charged from dissimilar customers to maximize firm's profit.
using ? tools of economic highlight on comsumption
what is the relevance of microeconomic analysis in contemporary Nigerian economy
Q. What do you mean by Benefits? The benefit of a project, policy or programme is the positive, expected aspect of an outcome, including the improvement in environmental qualit
what are the advantages of monopsony?
(a) What are the problems associated with R 2 and how can adjusted R 2 solve them? (b) If the regressors in an equation are highly correlated, which measures can be used to
what is modern theory
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Market-Friendly Reforms: One main shortcoming of present development cooperation is that recipients of development cooperation is that recipients of development finance are d
An increase in the scale means that all inputs or factors are increased in a given proportion. Increase in the scale thus occurs when all factors or inputs are increased keeping fa
concept of supply
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