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RELATIONSHIP BETWEEN TFC ,TC ,TVC
using the marginal utility approach discuss how economic theory explains the optimum pattern of consumption for an individual consumer
what is diversification
Q. Describe Classical Economics? Classical Economics:Tradition of economics which began with Adam Smith and continued with other theorists including Thomas Malthus, David Ricar
Suppose a firm faces two markets for the same product. In market A, the demand function is PA=60-QA, while in market B the demand function is PB=36-0.5QB. The total cost function i
What is Economics? Economics is explained as the study of how people choose to use their scarce resources in an attempt to satisfy their unlimited wants. In other words, we h
whit is mean super normal profit
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Example of a cost function
managerial problems related to microeconomics
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