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Externalities: Many economic activities have collateral effects (at times positive, but more often negative) on other people who aren't directly involved in that activity. Illustrations of externalities include pollution (which imposes a cost on natural environment and everyone who uses it), congestion (it slows down travel and productivity) and spill-over impacts of major investment or plant closure decisions.
Regardless of the market structure, oligopolist and the monopolist maximize their TR when MR=0. Do you agree?
Which firm has the greatest minimum efficient scale?
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Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.
Socio Economic conditions of country also affect the sales forecasting. They may include total national income per capita income standard of living of the masses, education, inflat
consumer surplus fot tea
Q=8000-800P
Explain the Demand Pull Inflation Demand Pull Inflation: Occurs when aggregate demand exceeds aggregate supply. If there is an excess level of demand in the economy, this w
Why some country saving less and consumption more?
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