Friday, December 2, 2011

Re: (Attock VU Group) ..........some q of eco401.....

If a consumer facing some budget constraint and having many indifference curves then what will be the optimum point where he can maximize his utility?






On Thu, Dec 1, 2011 at 10:58 PM, Shazia <shazia277@gmail.com> wrote:
answer these if any one knows........

why monopolists produce lower quantities at higher prices compared to perfectly competitive firms?




why a marginal revenue  and price are equal under perfect competition ?



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***Ya Allah! grant us good in this world and good in the hereafter,
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