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You have decided to sell some goods at a local music festival. You have hired a sales stand for $500. Your cost per item is $3 and you will sell each item for $5. When you did your
What are the properties of cost function? Properties of Cost Functions: Some similarities are here with consumer theory. Such similarities are actually exact while one compa
Is Indian companies running a risk by not giving attention to cost cutting? 2. Discuss whether Indian Consumer goods industry is growing at the cost of future profitability. 3. Dis
any ideas?
why does gap between the ATC curve and the AVC curve decreases as the level of output increases
how does the charging the monoply a specific tax per unit affect the monopoly optmum and 5the welfare of consumer
Igora''s pizzeria want to know if it should stay open this spring. Total Revenue will be $ 12,000 per week and Total Cost will be $ 18,000 per week. The fixed cost of running the b
explain normal profits
Rework figure 1 assuming a closed economy
equilibrium price and output.
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