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would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
aid of production possibilty curve
I need to find recent disney cruise stories and what microeconomic theory it is and what they should do. for example renovating a ship why did they and what theory would that be?
why is the concept of elasticity crucial to the study of economics?
Efficiency of exchange
is south african economic system more allocative efficient?
Monica consumes only goods A and B. Suppose that her marginal uility from consuming good A is equal to 1/Qa, and her marginal utility from consuming good B is 1/Qb. If the price of
Disposable Personal Income The amount of cash remaining after taxes are removed that an individual has the opportunity to spend.
Suppose scientists discover that eating soybeans prevents cancer and heart disease
solution for calculate price elasticity of demand for demand function Q= 10 - 2p for decrease in price from Rs. 3 to Rs.2..
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