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Value Added:Value added in a particular stage of production equals value of total output, less the value of intermediate products (comprising raw materials, capital equipment and o
what is the langrangian function
TAKE A HYPOTHETICAL ECOMOMY AND CONSTRUCT THE CONSUMPTION SCHUDEL CONTAIN 10 PAIR OF HYPOTHETICAL VALUE OF AGGERGET INCOME AND CONSUMPTOIN
Using the key distinguishing features of any market structure describe the market structure for the South African mobile telecommunications industry
elasticity of demand
What actions could a government take in order to keep the price above market equilibrium? There are four basic possibilities here; 1) Minimum price; 2) A tax on the good
why the PPC curve slopes downward?
what are the microeconomic encompasses
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in the context of managerial economics how do you explain a rational producer.illustrate giving example.
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