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To engage in price discrimination, it is necessary that
a. a seller be a price setter.
b. there be no arbitrage.
c. The seller is able to distinguish among the buyers in the market.
d. a and b
e. all of the above
You have one scarce hour to spend between studying for an examination
or taking classes in a tutorial for Rs. 200 per hour. You choose to study for
examination. What is the opportunity cost of studying?
Show the following transaction in the circular flow diagram. Birbhum oil
mill produces and sells 300 litres of oil at a price of Rs. 110/litre per day.
Birbhum oil mill engages 4 persons in his factory with a wage of Rs. 500/-
per day.
You have one scarce hour to spend between studying for an examination or taking classes in a tutorial for Rs. 200 per hour. You choose to study for examination. What is the opportunity cost of studying?
Domestic financial sources available in a modern economy?
You have one scarce hour to spend between studying for an examination or taking classes in a tutorial for Rs. 200 per hour. You choose to study for examination. What is the opportunity cost of studying?
what is microeconomics
- Analyze the weaknesses and threats on the demand side of M&S, relating these to controllable and uncontrollable factors?
If the equation for a market demand curve is Qd = 15 – 0.2P and the equation for a market supply curve is Qs = ̶ 1 + 0.6P, what is the consumer surplus?
Assess the likely impacts on the allocation of resources, from drop-out rates of students from low-income households being much higher than students from high-income households.
