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Internal and external economies of scale: Internal economies of scale are the advantages or benefits that the firm enjoys as it expands its size or increases its scale of ope
An important aspect of municipal finance involves capital budgeting and resource allocation. In some cases, resource allocations involve expenditures that are not directly revenue
Rework figure 1 assuming a closed economy
critically evaluate the two main utility theories
what are monetry accounts?
#question.theories of cost
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what is the Theory of second best? Prove the theorem with the help of digram
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Total cost curve (TC) is obtained by adding up vertically total fixed cost and total variable cost curves because the total cost is sum of total fixed cost and total variable cost
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