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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
what is cob duglus production function?
a severe restriction occurs to the availability of consumer credit throughout the banking and finance system
critically analysis firm theory of profit maximization?
Change in consumer and producer surplus from price controls * Observations: - The loss is equal to area B + C. - The change in surplus = (A - B) + (-A - C) = -B - C -
Profit Margin A measure of organization performance, profit margins measure the percentage return an organization is earning over the cost of production of the items sold.
describe engineering cost theory in detail
a more simple explanation of the group equilibrium in the short and long run
Shifting the PPF Curve To raise the manufacturing of one good without reducing the production of the other, the PPF curve should shift outward. The PPF curve shifts outward as
Calculate the price elasticity of demand or supply for the following function when P=8 p=6(I)p=40-0.5q
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