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characteristics of microeconomics
State the example of price and price level Create a basket which contains all the goods sold by a specific store on a specific day. Price of this basket is then a price level -
Hello there! I am currently doing an MBA course about the financial crisis which is quite challenging. Today we were given a question about the topic: Long term capital management
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SUMMARY OF THEORY OF PRODUCTION
EOQ formula The EOQ equation assumes demand is constant and steady. It also assumes that demand for different items is independent. This is inappropriate for controlling inve
examples of quantity demand when prices increase
whit is mean super normal profit
Clearly explain the distinction between supply, demand and equilibrium price.
what is the theory of second best?prove the theorm with the help of diagram?
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