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List four characteristics of monopolistic competition
its elements , scope calculation
implications of market structures on price determination
If one person can produce 1 fish and 10 oranges per hour and works 5 hours a day.another person can produce 2 fish and 20 oranges per 2 hors and works 8 hurs a day then who has the
give me three exceptional supply curves
if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.
Attitude towards Risk: Let's assume the following: The utility function • has the single argument "wealth" measured in monetary units, • is strictly increasing, and
what will be the effect on price and quantity when supply and demand changes in different directions but same magnitude?
Consider a decision faced by a cattle breeder. The breeder must decide how many cattle he should sell in the market each year and how many he should retain for breeding purposes.
Division of Labor The occupation or breaking down of jobs into simple and repetitive responsibilities.
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