why average fixed cost never touch at x-axis and y-axis?
What are the criticisms of law of variable proportions?
why is AR in imperfect competition equal to twice of MR ?
explain the relationship between TR and MR when
1) the firm can sell more at the same price
2) the firm can sell more only by lowering its price
What is meant by increasing at "decreasing rate/ increasing rate " ? m not able to understand the meaning of the phrase ...........
State whther the following are true/false. Give reasons.
(i) When total revenue is constant average revenue will also be constant.
(ii) Average variable cost can fall even when marginal cost rising.
(iii) When marginal product falls, Average revenue product will also fall.
(iv) Average revenue is also called price.
(v) Average revenue curve is also caled Demand curve.
(vi) If total cost curve is parallel to x-axis then marginal cost will be zero
why does AFC curve takes the shape of a rectangular hyperbola??
explain the relationshipe between MC and AC with the help of a cost schedule and diagram....
Why MP cuts AP from its maximum point?
what is point of inflexion??
Supply curve is the rising portion of marginal cost curve over and above the minimum of Average Variable cost curve’. Do you agree? Support your answer with valid reason.
an individual is both the owner and the manager of a shop taken on rent . Identify implicit cost and explicit cost from this information . Explian.
what is difference between budget line and indefference curve?
why average fixed cost never touch at x-axis and y-axis?
What are the criticisms of law of variable proportions?
why is AR in imperfect competition equal to twice of MR ?
explain the relationship between TR and MR when
1) the firm can sell more at the same price
2) the firm can sell more only by lowering its price
What is meant by increasing at "decreasing rate/ increasing rate " ? m not able to understand the meaning of the phrase ...........
State whther the following are true/false. Give reasons.
(i) When total revenue is constant average revenue will also be constant.
(ii) Average variable cost can fall even when marginal cost rising.
(iii) When marginal product falls, Average revenue product will also fall.
(iv) Average revenue is also called price.
(v) Average revenue curve is also caled Demand curve.
(vi) If total cost curve is parallel to x-axis then marginal cost will be zero
Please Provide The Reasons As Well.why does AFC curve takes the shape of a rectangular hyperbola??
explain the relationshipe between MC and AC with the help of a cost schedule and diagram....
Why MP cuts AP from its maximum point?
what is point of inflexion??
Supply curve is the rising portion of marginal cost curve over and above the minimum of Average Variable cost curve’. Do you agree? Support your answer with valid reason.
an individual is both the owner and the manager of a shop taken on rent . Identify implicit cost and explicit cost from this information . Explian.
what is difference between budget line and indefference curve?