Theory of firm questions | form five Economics
(3552) Question Category: Mathematical Calculation A firm is operating under the conditions of imperfect competitive industry. The cost and revenue are given as follows: TC=2Q+5 AR=8-Q Where TC=Total Cost, AR=Average Revenue and Q=Quantity of output produced/Sold. If this firm is incurring a loss of 77 Tshs;
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(3568) Question Category: Long answers Describe the advantages and disadvantages of centrally controlled economies. Answer / Solution UNSOLVED |
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(3569) Question Category: Long answers Define diseconomies of scale and explain six(6) limitations of small scale firms to expansion. Answer / Solution UNSOLVED |
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(4554) Question Category: Long answers
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(4573) Question Category: Mathematical Calculation Study the information given in the following Table and answer the questions that follow:
Answer / Solution UNSOLVED |
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