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Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appraise the Baumol’s sales
#question#.problems and its solution of microecnomics
if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
Identify path of growth and development to economic maturity.
Monica consumes only goods A and B. Suppose that her marginal uility from consuming good A is equal to 1/Qa, and her marginal utility from consuming good B is 1/Qb. If the price of
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Market intervention by government Government intervenes in various degrees in different countries. Free economy is almost non-existent in the modem world. In real world, the form,
A tax imposed on a market with an inelastic demand and an elastic supply will cause
how can draw the table and diagram of production function function with one veriable
What is a natural monopoly Define natural monopoly as a situation where the advantages of scale a fixed costs are so high that it is impossible to fully exploit them. MC and AC
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