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Explain the difference between elastic and fixed supply
how do you find the average fixed costs using total fixed costs and total product?
The Objective Probability - 100 explorations out of which 25 successes and 75 failures - Probability (Pr) of success = 1/4 and probability of failure = ¾ Given: -
Determine The Rule of Divergence in General Though even if attention is confined to non-communist-ruled economies there still has been huge divergence in relative output per w
Define the generality of economic theory in the modern economics. Generality of Economic Theory An economic theory is based onto assumptions imposed onto economic environmen
Clearly explain the distinction between supply, demand and equilibrium price.
Q1 How many types of software organization? Explain each organization style with a suitable example? Q2 What are the factors that influence the group? Q3 Write short notes
analyse the method by which a firm can allocate the given advertising budget between different media advertisement?
#queA monopolist has a constant marginal and average cost of $10 and faces a demand curve Of Qd = 1000-10P. Marginal revenue is given by MR= 1000-1/5Q. stion..
would a rational producer be concerned with the average or marginal product of an input in deciding whether or not to hire the inputs?
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