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Simple Micro economics
Thursday, February 28, 2008
Economic profit is zero vs Accounting profit positive ??
Why economists think that profit is zero in the competitive market ??? Why ???
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Economic profit is zero vs Accounting profit posit...
Costs in the short and in the long run
The income elasticity of demand (IED)
The elasticity of demand
A note- shift or move ?
See Mankiw (2007)- Principles of microeconomics
Equlibrium- three steps to analyzing changes
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