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operation research, Microeconomics
what is linear programming
Posted Date: 6/9/2012 3:37:59 AM | Location : United States
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PED, what do we mean by The narrowness of definition of the commodity.
what do we mean by The narrowness of definition of the commodity.
Simple inventory model, Simple Inventory Model Firstly, the product l...
Simple Inventory Model Firstly, the product level initiates a demand, which generates a demand at the component level and then in turn at the raw material level. Think of an
What is my expected benefit?, I am risk averse, and trying to maximize my e...
I am risk averse, and trying to maximize my expected value of c0, 5, where c is my fortune. I have 50.000 in cash, and also art with a value of 200.000 which I keep in my basement.
Cheese at the price floor, Assume that the U.S. Department of Agriculture (...
Assume that the U.S. Department of Agriculture (USDA) administers the price floor for cheese, set at $0.17 per pound of cheese. (The price floor is formally set at $16.10 per hundr
Measures to control inflation, Measures to control inflation: Fiscal po...
Measures to control inflation: Fiscal policy is one of the two main macroeconomic policies used to control aggregate demand and thereby achieve economic stability. Fiscal meas
What main features are found in oligopolies, What main features are found i...
What main features are found in oligopolies? Assumptions of oligopoly Four or five firm concentration ratio Frequently there are benefits of scale to be had Merg
Explain about natural monopoly, Q. Explain about Natural Monopoly? Natu...
Q. Explain about Natural Monopoly? Natural Monopoly: In some industries, economies of scale are so strong that it makes most economic sense for there to be just one supplier. T
Cross Price elasticity,
What are the possible advantages of free trade, What are the possible advan...
What are the possible advantages of free trade? Firms a) Specialisation and enhanced use of comparative advantage b) Possibility of advantages of scale c) Spread
Free market, what is free market?
what is free market?
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