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implications of varios market structure for price determination
Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appraise the Baumol’s sales
breif report on cental economic problem??
what is modern theory
what are the limitations of economies of scale?
what is marginal costs?
why does the quantity of salt tend to be unresponsive to changes in its price
Economies of Scale
Outline four limitation of game theory?
Individual demand curves for two perfectly competitive market TC1=10q1+1/2q1^2+100 = firm 1 TC2=10q2+q2^2+100
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