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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
Environmental issues factors This is governed by the below factors: The type of economic system of the country Business cycles Industrial policy of the countr
#question.meaning of isoquants and its types
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Concept of Central bank M.H. De Kock concept of central bank is superior to that of others as it is more inclusive. His long definition of central bank includes many of the imp
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Policies to cure Balance of Payment deficits The measures available to tackle balance of payments deficits include short term measures such as deflation, import controls, dev
Ajax has the following short run cost curve when tc=800000-5000Q+100Q2
The optimum output and price level is always determined with the concepts of revenue and costs-the difference in joint or independent production will show in the differences in cos
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