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Q. What do you meant by Investment?
Investment: Investment represents production which isn't consumed though rather is utilized in the production of other additional output. Investment also signifies an addition to the capitalstock of an economy.
Theories of Chamberlin’s monopolistic competition and Joan Robinson’s imperfect competition have revealed that a firm under monopolistic competition or imperfect competition in lon
what is microeconomics in business decision
Real Interest Rate: Interest rate on a loan, adjusted for rate of inflation. Real interest rate represents real burden of an interest payment. Real interest rates should be positiv
what are the limitations of economies of scale?
Discuss the concept of dynamic multiplier
Money market, labour market, goods market
a) The production function of certain firm is given as Q = 40 K 1/2 L 3/4 A unit of capital and labour costs Kshs 44 and Kshs 36 respectively. The firm would like to maxim
Your firms production function : Q=4K^1/2L^1/2 Suppose that the price of labor is $5 and the price of capital is $20. Your firm desires to produce 200 units of output. How much
subsitution effect dominate tha income effect in which good case?
explain normal profits
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