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compare and contrast adam smith''s theory of absolute advantage theory and david ricardo''s comparative advantage theory of international trade.
what is linear programming
define and explain theory of production?
Analyse the method by which a firm can allocate the given advertising budget between different media for advertisement?
Allocative Efficiency The production of products and services such that stages of production are closely tied to levels of customer demand.
Indifference curve term paper
Using a diagram explain the equilibrium point of a monopoly
Protection against dumping: It could be looked at as the export of commodities priced below cost of production. Dumping is generally looked upon as an unfair trading practice
Short run equilibrium - Perfect competition: In the short-run, the perfectly competitive firm maximizes its profit by producing output where MC=MR=P. This is shown in the diag
a monopolist faces a demand curve Qd- 120-2p and has costs given by C(Q)=20Q+100 (marginal cost is constant at $20) a. What is the optimal Price and Quantity for this monopolist?
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