“In the model of a dominant firm, assume that the fringe supply curve is Q = -1 + 0.2P, where P is market price and Q is output. Demand curve is…
September 3, 2020
the marginal revenue curve of a monopoly crosses its marginal cost curve at $30 per unit, and an output of 2 million units.
September 3, 2020

How important is one’s economic position compared to other criteria (e.g., race, gender, life style) in determine ranking in a community?

Social status is very important in the society to determine the position and to sustain in theenvironment; economic position is to be strong and is to be powerful from the way of incometo the way…

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