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definition of abnormal isoquant and normal isoquant
Relatiön between TC ,TFC and TVC
Why narrowness of definition of a commodity may influence price elasticity of demand
Explain the term Fordism Between approximately 1890 and 1930-or perhaps 1890 and 1950-a host of innovative technologies and business practices were adopted in the US. Europeans
If demand goes down what happens to the equilibrium?
What is the impact of microeconomics on economy?
Assume that John has the following preference relation over two goods, bread and bear (x1, x2). He strictly prefers any bundle x over y whenever x haves more bear than y, whatever
illustrate and explain the changing demand for big mac using the indifference curve and budget line
The price of oil increases because OPEC reduces oil production
Normal profit: Normal profit is when total revenue is exactly equal to total cost when the latter includes both explicit costs. It is the type of profit when made by firms in
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