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What are the significant tools of the perfect competition and the supply curve?
Perfect Competition and the Supply Curve:
a. In Perfect competition the characteristics of a absolutely competitive industry
b. How a price-taking producer verifies its profit-maximizing quantity of output
c. Earnings and why an unprofitable producer may carry on to operate within the short run
d. Difference between short run and the long run behavior of industries
e. Industry supply curve within the short and the long run
Q. Causes for diseconomies of scale? The most significant cause for diseconomies of scale is the diminishing returns to management. As the output grows beyond certain level the
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
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Plot the demand schedule and draw the demand curve for the data given for Marijuana in the caseabove.
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what is asset market theory theory in environmental economics?
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