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Q. Illustrate the sources of monopoly?
Merger for Large-scale Production: Thirdly monopoly undertaking can be a consequence of the necessity to produce on a large scale to decrease costs. Existing small firms may merge into a big firm or may not survive in long period. It's only when there is single firm in such a situation which costs are greatly decreased because of the economies of large-scale production.
Rival Firms Eliminated: Fourthly, unfair means and pressure tactics by a giant firm may result in elimination of rival firms from industry to secure sole position of a giant firm.
assumptions and limitations
A profit-maximizing firm faces the following options for hiring workers: a) Assume the firm has limited space so that it can only hire one worker. Which type of employee sh
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Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs. 3 to 2
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Hi Could you please help me with " Ramsey pricing in detail " as I have an assignment.
Technically Efficient Method of Production Let's suppose that commodity X is produced by two methods by employing capital and labour: Factor inputs Met
Q. Define Profit maximisation theory? Profit maximisation theory defines that firms (corporations orcompanies) will establish factories where they see potential to achieve the
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