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when the demand function is 2Q-24+3P=0,find the marginal revenue when Q=3.
how to calculate it given a functuion
What is ceteris Paribus? Ceteris paribus is a Latin phrase, literally translated as "other things the similar," and usually rendered in English as "all other things being equa
Hi, I am taking an economics course. I have a problem where I am given 2 types of units with the same production rate and the labor used to produce those units. I am supposed to c
I purchase a used stove for $155 when I was willing to pay $185. If a new stove costs $375,what is my consumer surplus
Analyse the strengths and weaknesses of GDP as a measurement. Answer Strengths of GDP as a measurement 1) It helps in making international comparison among different
how to find total revenue total cost approch in equilibrium firms
what are fundamentals of welfare economics?
What are the various forms of aid a developing country might receive? Here the student must show clearly the difference between grant (donor) aid; reciprocal (tied) aid; bilat
What population information is needed by local authorities to provide the right number of primary and secondary school places? How would such information affect the plans of the lo
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