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Total cost curve (TC) is obtained by adding up vertically total fixed cost and total variable cost curves because the total cost is sum of total fixed cost and total variable cost
a severe restriction occurs to the availability of consumer credit throughout the banking and finance system
what are the properties of cob-douglas production function
Working Capital: A business requires a certain revolving fund of finance to pay for regular purchases of initial labour, raw materials and other inputs to production. Working capit
Define why prices is significant for economy Reason for using different weights is that some prices are more significant than others for economy. Price of gasoline, for instanc
an emission fee levied against polluting firms will tend to shift the supply/demand curve of the firm/product to the left/right?
Dividends:Several companies pay a cash dividend (annually orquarterly) to the owners of its shares. This is an enticement to investors to buy that company's shares and signifies a
How to determine the number of moles of butane by your number of moles of butane? using (PV=nRT)
Discuss the impact of rational self-interest on each of the following decisions
suppose the production function is given as:X=b0Lb1Kb2,where b0=level of technology find marginal product of factors(MPL0and MPK) find factor intensity
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