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firm''s product sells for Rs.200 per unit in a highly competitive market. The firm produces output using capital (which it rents at Rs.7500 per hour) and labor (which is paid a wag
what are monetry accounts?
Economics and Ethics : Morality and ethics are powerful motivations to behavior. Thouh, economists suppose that rationality is a function of demonstrable self-interest. That mean
How to find quantity supplied given just the price
a) Describe and derive the equilibrium contract offered to high risk individuals. b) Describe and derive the equilibrium contract offe
Which of the following has not occurred over time in the past several decades in the physician services market? A. The level of competition has increased. B. Economies of scale ha
the price elasticity for gizmos is known to be 1, if sellers of gizmos increase their
what will be the possible concequences if a large scale like Toyota place its new product in Indian market without having forecast the demand for its product
What are the factors that producers in the society may take into consideration when deciding on the what to produce,how to produce and for whom ?
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
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