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Question 1 Discuss the short-run cost-output relations
Question 2 Write a short note on pure competition
Question 3 Describe excess profit criterion
Question 4 Discuss the various ways by which rival firms may react to change in price made by one firm
Question 5 Explain the effects of taxation on the equilibrium of a firm
Question 6 Write a short note on imperfect competition in the factor market
ExplainBainlimitpricetheory
1. "Price discrimination allows a monopoly to increase its economic profit by capturing part of the consumer surplus and turning it into economic profit. Such a situation however l
Pollutant Any substance, species produced either by a natural source or by human activity, which produces very adverse effect on the environment is called pollutant. Some commo
I want to know all about equilibruim consumer equilibruim firms equilibruim nd market equilibruim technically also??
equilibrium price and output.
exams?
This is the practice of maximizing profits and revenues and minimizing costs, using marginal analysis.
Features of bureaucracy: Impersonal Order: The authority is inherent in the post and not the individual who performs the official role. An official is supposed to have a det
How has the Haberler''s theory of opportunity cost an improvement over the classical theory of trade
What is indifference curve and its properties?
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