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Elasticity is to account the responsiveness of quantity demanded expected to the alteration in price.
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It is given that industriousness comprising of 20 firms has ceaseless costs and is in long discharge equilibrium under pure competition.
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Last Update: Oct 2021
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Comments
Vyvyan
21.10.2021 07:25
We hit the traditionalistic topics from A college-level microeconomics course.
The students and instructor have access to a college-level microeconomics textbook.
Antawan
18.10.2021 12:20
IT provides an analytic tool to study the market mechanisms and helps business firms to issue decision about their production and pricing policies.
He now buys 440 units of y and 190 units of Z
Marcanthony
19.10.2021 10:41
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