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Explain about the Pricing analysis
Microeconomic methods are employed to examine lots of pricing decisions. This includes transfer pricing, price discrimination, joint product pricing, price elasticity estimations and choice of the optimal pricing method.
theory
assignment
TC=100+0.15Q, Qu=1000-10Pu
Importance of Cross Elasticity Knowledge of cross elasticity is necessary when the government wants to impose a tariff on an imported commodity to protect a domestic industry.
how it is revalent?
Mankiw Model of Nominal Rigidities There are two related reasons for which firms do not frequently change prices. First, as we saw in the discussion on menu costs, the cost
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Q. What do you mean by Theory of Firm? Microeconomics especially the theory of firm, assumed importance and attracted considerable attention in the early 20 th century. This sh
Factors affecting the total market demand These are broadly divided into the determinants of demand and conditions of demand. (a) Own price of the product This
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