Subject: Economics, asked on 13/11/17

## The total area under MC curve is equal to TVC Please derive it Mathematically and Graphically using Calculus and Other Mathematical Concepts Explain graphically and DONT just give the formula that TVC is equal to summation MC Please give the answer and dont give any links This is NOT covered in Study Material I am asking for the DERIVATION of formula using Calculus, Integration and other concepts which is not given anywhere

Subject: Economics, asked on 13/11/17

## If TR curve is constant and parallel to X Axis then give the AR and MR curves??? It means that since TR curve is constant and parallel to X axis Ed = 1 Hence the Demand Curve should be a rectangular Hyperbola

Subject: Economics, asked on 12/11/17

## Is the TR curve in imperfect competiton convex or concave to the origin or x axis????

Subject: Economics, asked on 12/11/17

## Explain how equilibrium lrvel of output of a firm is determined through MR and MC approach

Subject: Economics, asked on 12/11/17

## Expalin the geometric method of measuring price elasticity of supply. Use diagram

Subject: Economics, asked on 12/11/17

## Given below is the cost schedule of a firm. Its TFC is rs 120. Calculate MC and AVC at each level of output . output = 1 2 3, AC = 160 96 80

Subject: Economics, asked on 11/11/17

## 'If output is assumed to be perfectly divisible' What does this line mean????

Subject: Economics, asked on 11/11/17

## The total area under MC curve is equal to TVC Please derive it Mathematically and Graphically using Calculus and Other Mathematical Concepts Explain graphically and DONT just give the formula that TVC is equal to summation MC

Subject: Economics, asked on 11/11/17

## The total area under MC curve is equal to TVC Please give its Mathematical Derivation using Calculus and other concepts

Subject: Economics, asked on 10/11/17

## Where do AR and MR curves intersect??? At the Y axis or Just beside Y axis?? Is this diagram correct???

Subject: Economics, asked on 17/10/17

## Explain the relationship between ATC,AFC and AVC.

Subject: Economics, asked on 3/10/17

## What do you call a cost or benefit that is experienced by someone who is not party to the transaction that produced it?

Subject: Economics, asked on 30/9/17

## Is Normal Profit a part of fixed cost or variable cost and why????

Subject: Economics, asked on 30/9/17

## Draw AR and MR curves in a single diagram of a firm which can sell more units of a good only by lowering price of that good. Explain

Subject: Economics, asked on 30/9/17

## Please explain the meaning of highlighted lines: The way that a business makes sales is also a factor in how much leverage it employs. A firm with few sales and high margins is said to be highly leveraged. On the other hand, a firm with a high volume of sales and lower margins is said to be less leveraged .

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