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Diseconomies of Scale
A rises in a firm's cost of producing an additional unit as all another factors of production rising. Diseconomies of scale can be caused by poor and inefficient management or disproportionate rises in indirect costs of production.
What are the major differences between the equilibrium of profit maximiser and sales revenue maximiser?
Emergence and Persistence of Structural Imbalances: The period broadly corresponds to the period of the Sixth Plan and the Seventh Plan. The Sixth Plan was launched when the e
Can marginal cost be constant? If so, does this mean that marginal cost are equal to average variable cost?
MRP systems - basic inputs It has been estimated that in the USA where MRP was originated and developed by Oliver Wight and George Plossl (1985), virtually all Fortune 500 ma
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objective of afirm
The Industrial Revolution The century after 1750, saw the industrial revolution proper: invention of steam engine, spinning jenny, power loom, hydraulic press, railroad locomot
Explain inflation, and the difference between anticipated and unanticipated inflation. Answer Inflation is the persistent rise in the general price level in the e
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contemporary issues in microeconomics in nigeria
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