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Location of industry and localization of industry: Location of industry tries to answer the key economic question "where to produce". It involves deciding on the area that an
Features of monopolistic competition: Large number of firms in the industry. There are many small firms each supplying only a small share of the total market output. Hence, no
how to solve major economic problem as a computer engineer
How do you calculate marginal revenue, and monopolistic profit?
Solve equation P=200-Qs and Qs=4.5p +5
Available resources with the desired goals: To match the available resources with the desired goals: The complementary nature of some investment decisions make for planning. T
what is theory of product pricing?
why is normal rate of return on capital included in the total cost and what implication does it have
Natural Factors: Seasonal variations may affect the demand for a commodity at certain times of the year. For example, during the raining season, demand for commodities such as j
consumer surplus fot tea
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