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would a rational producer be concerned with the average or marginal product of an input in dec
TRADE policy: The well known economist D. H. Robertson has immortalized the role of trade in development with his famous statement that "trade is an engine of growth". The pol
describe the dominent firm model
(i) When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3. (ii) Given the demand function 0.1Q - 10 +0.2P + 0.02P2 =0, calculate the price elasticity of
Explain the role of managerial ecnomist in kissan &dipsy fro ub group
Consider two hypothetical nations, Solowia and Growia, which are defeated in wars. These two nations were suffered from wars differently; the damage is on capital stock in Solowia,
short run equilibbrium
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
concept of innovation theory of profit and criticism
Limitations of the Services Sector: The services sector in India, as at present, suffers from low productivity and low quality in spite of fairly large investment in technolog
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