why is the short-run average cost curve U- shaped ?
distinguish between Explicit cost and Implicit cost and given example
plz show ans in this question on point....
rectangular hyperbola means??
Causes of law of increasing returns, diminishing returns and negative returns ?............ Please give ans. In points
Explain why TVC curve is inverse S-shaped curve?
Why does a producer prefers 2nd stage of production?
what is the meaning of articles of social distinction , which are the exceptions to the law of supply?
what is production function??what are its characteristics?????
explain conditions of producer's equilibrium with the help of a diagram
depreciation is implicit or explicit cost?give reason
what is the behaviour of total variable cost as output increases?
Why there is difference between ATC and AVC with an increase in level of of output ? Can these two be equal at the same level of output ?
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