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Q. Types of Market Structures by the Nature of Competition? Conventionally, the nature of competition is assayed to be the basic criterion for distinguishing different types of
Explain the limitations of managerial economics
b) Discuss the validity in Zimbabwe of the grounds on which the profit maximising model of the firm has been defended.
Explain cost output relationship with reference to: a. Total fixed cost and output b. Total variable cost and output
why demand curve slopes down
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explain the role of managerial economist
USES OF NATIONAL INCOME FIGURES We need national income statistics to measure the size of the "National cake' of goods and services available for competing uses o
Discuss the price output determination using profit maximization under perfect competition in the short run.
explain production function illustrate production with one variable input
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