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Elasticity, economics, Microeconomics
Posted Date: 3/28/2012 10:32:39 AM | Location : United States
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Perfect competition, Perfect competition: The behaviours of firms in p...
Perfect competition: The behaviours of firms in perfect competition. It should be noted that firms that fit into perfect competition model are very rare in real-life situation
Determine he combined production of fiber optic cable , Graph the following...
Graph the following example and answer the questions: The United States and Japan only produce two goods. They have the same fixed resources and they are equally efficient, and bo
Consumer surplus, consumer choice involving risk
consumer choice involving risk
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argument against in favour of traditonel theory profit maximisation
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Two firms, A and B, are planning to bid for a contract of Motorway extension in Mauritius. Suppose: (1) firm B is a newly established company and has already incurred a st
Average product of a factor - short period analysis, Average Product (AP) o...
Average Product (AP) of a Factor: The productivity of a factor is often seen in terms of its average contribution. Although not very important in the theoretical discussions,
Capital formation, Capital formation: Growth Economists believe that ...
Capital formation: Growth Economists believe that accumulation of capital is one main source of growth of an economy. Emphasis is given to the accumulation of more capital pe
Explain nominal gdp, Q. Explain Nominal GDP? Nominal GDP: Nominal gross...
Q. Explain Nominal GDP? Nominal GDP: Nominal gross domestic product measures total value of all the services and goods produced and traded for money in the formal economy, eval
What is hyper inflation, What is hyper inflation? How it can be reduced? ...
What is hyper inflation? How it can be reduced? Hyper inflation means that prices of the consumable goods are very high. Prices can be decreased by supplying more goods in th
Cells hits out on MTN and Vodacom, mancosa assignment
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