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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?
if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.
GOVERNMENT FINANCE: UNION AND STATES: The fiscal position of the Governments - both Centre and States - has been under stress since the mid-1980s. The stress stems from the i
any village panchayat in west bengal and get information for doing a project.
how do cooperative and noncooperative games differ
Law of conservation of mass was proposed by Lavoisier & verified by Landolt. According to Law of conservation of mass law Matter is neither created nor destroyed in the course of c
Explain how consumers might benefit from the existence of monopolies. While the standard issue of monopolies having higher prices and lower output that competitive markets migh
What is the difference between price value and price level? Price value is the value of commodity bought by the consumer at a certain price from the market, while, price level
explain marris model of the managerial enterprise
Insurance - Risk averse are willing to pay to keep away from risk. - If cost of insurance equals expected loss, risk averse people will buy sufficient insurance to totally r
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