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The sales of a company are the part of the total sales of industry. If the conditions of industry changes then the sales of each of the firm in the industry is affected. All teh ti
Demand Function The function capturing the dependent relationship between the price people are willing to pay for products or service and other factors related to that product
diffence b/n fixed and variable input
Inflation is defined as
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
The production function for a firm is expressed as follows: Q = 800K - K 2 +5KL - 7750L + 10,000 Where Q is quantity of units manufactured, K and L are units of capital and
Solve equation P=200-Qs and Qs=4.5p +5
Document Design It refers to the overall "look" and design rather than the content of a document. Specific elements such as white space, limited paragraph indentations, length
fig2.3 elaplanition of sales maximisation
Volume of Trade: It relates to the size of international transactions. Since a large number of commodities enter in international transactions and their aggregate can be found
financial sector
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