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Q. Can you explain about Counterfactual? The ‘base case' or counterfactual is a statement of what could have happened without policy intervention, or if the policy intervention
explain the relationship between ATC,AVC and MC by using diagram
assignment
Within analysis of perfect competition, we distinguish between the short run and the long run on the basis that use of some input factors is fixed in the short run, but variable in
2ALBr3+3K2so4--->6KBr+1Al2(so4)3
what are key elements in micro enviroment of red bull
ed=1 means p
Where minimum efficient scale is very huge for capital intensive operations, it may be more cost effective to allow one company to spread its fixed costs over a very huge number of
Durability of the Commodity: With some commodities, we require one at a time and they are used for a very long time before they get spoilt. Examples of such goods are cars, tele
the price elasticity for gizmos is known to be 1, if sellers of gizmos increase their
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