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demand curve
Price: The price factor is another important variable to be included in demand analysis. Here one has to consider the prices of the product and also its substitute and complement
"Take a monopolist with a constant average cost. The higher is the elasticity of demand at the chosen monopoly price, the higher is the monopolist's profit-to-revenue ratio." Expla
when total production fall what,s the status of average product and marginal product
why d block elements are called inner transition elements?
Define why prices is significant for economy Reason for using different weights is that some prices are more significant than others for economy. Price of gasoline, for instanc
Consumer Choice * Consumers choose a combination of goods which will maximize satisfaction they can attain, given the some degree of budget available to them. * The maximiz
what do you understand by production posibility curve?
appraise baumol`s sales revenue maximazation theory as an alternative of the firm
illustrate and explain the changing demand gor big Mac using the indifference curves and budget line
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