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Define Nash equilibrium
short run equilibrium of the industry
Protection against dumping: It could be looked at as the export of commodities priced below cost of production. Dumping is generally looked upon as an unfair trading practice
Player 2 C B A 1,2 3,2 B 2,3 a, b Player 1
what are the charecteristics of capita
Is coca-cola an oligopoly or monopolistic competition
P=140-4Q mc1=20+30q for plant 1 mc2=80+10q for plant 2 how many units should be produced by plant 1 and plant 2 to maximise profit for this monopoly?
Equity: The proportion of a company's total assets which are "owned" outright by the company's owners. A company's equity is equivalent to its value less its debt owed to bankers,
Insurance - Risk averse are willing to pay to keep away from risk. - If cost of insurance equals expected loss, risk averse people will buy sufficient insurance to totally r
What is the theory of second best? Prove the theorem with the help of diagram.
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