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THEORY OF PRODUCTION: Production activities related to goods and services require inputs. Typically, the set of inputs includes labour, capital equipments and raw materials. T
what will be the effect on price and quantity when supply and demand changes in different directions but same magnitude?
Why total product continues to increase despite a decrease in the marginal product?
what are tne methots of demand forecasting ?
Explain opportunity costs using a PPF where investment goods are on one axis and consumption goods on the other. Again, a good definition of opportunity costs linked to the not
how do oligopolistic market and monopolistic competition react to change in demand and supply ?
Elasticity of Price Expectations (epe)
total revenue
#queIn a particular year, an organization earns cash revenues of Rs. 2,00,000. Total material and labour expenses are Rs. 1,09,000. The depreciation claimed on the equipment is Rs.
The functions of money include; (1) medium of exchange, (2) store of value, and (3) a calculate of worth. Due to money is acceptable as a form of payment for all commodities,
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