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Choosing Output in Long Run * In long run, a firm can change all its inputs, including size of the plant. * We are taking free entry and free exit. * Accounting
Consider the following flow (in thousands of people) between the various labour market states in a particular month:
what is the theory of second best ? prove the theorem with the help of a diagram ?
Write a 1-2 page summary on markey failure
Determine the profit maximizing price and quantity A firm has segmented its market into the following demand functions: P1 = 500 – 50Q P2 = 500 – 20Q with a cost fu
what the third degree price discrimination with case study of two successfull and unsuccessfull cases?
price of laptop increases by 20% and there is a 40% drop in the quantity demanded?
discuss how a knowledge of price elasticity and income elasticity be of practical use to a firm
Determine the Cross Elasticity of Demand Measures the responsiveness of demand for good A to a given change in the price of good B. It is an significant piece of information to
2ALBr3+3K2so4--->6KBr+1Al2(so4)3
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