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how do minimum units cost change with changes in fixed cost
the general characterictics of economic models,its limitations and verification
discuss the revealed preference theory of consumer behaviour
What are the economies and diseconomics of scale?
What is hyper inflation? How it can be reduced? Hyper inflation means that prices of the consumable goods are very high. Prices can be decreased by supplying more goods in th
how to look a graph in different kind of ppc in the graph when we see
Suppose the demand curve for a consumer for coffee is: Q = 6 – 2P, where Q represents the number of cups per day and P is the price of coffee per cup. Question: Sppose the co
how advertisement affects the sales revenue of a firm ?
Consider a person''s decision problem in trying to decide how many children to have. Although she cares about children and would like to have as many as possible, she knows that ch
Andrew has preference given by: u(x,y) = min{2x, 3y} The price for good x and good y are identical and equal to 4. At his optimal consumption bundle he achieves a utility of 90. W
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