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What are the significant tools of the perfect competition and the supply curve?
Perfect Competition and the Supply Curve:
a. In Perfect competition the characteristics of a absolutely competitive industry
b. How a price-taking producer verifies its profit-maximizing quantity of output
c. Earnings and why an unprofitable producer may carry on to operate within the short run
d. Difference between short run and the long run behavior of industries
e. Industry supply curve within the short and the long run
A city has two newspapers. Demand for either paper depends on its own price and the price of its rival. Demand functions for paper A & B respectively, measured in tens of thousands
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Explain the importance of managerial economics.
finding marginal product
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Q. Can you explain about Demand Forecasting? Demand forecasting involves forecasting and estimating the quantity of a service or product that consumers will buy in future. It a
Explain trend projection method of demand forecasting with illustration.
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