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This post was updated in August 2018 to include new information and examples. This post asks the question of what happens in the market ... -
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In this post we go over the economics of monopoly pricing. We start with a demand function and a total cost function, and are able to fig... -
da:Bruger:Twid, wikipedia This post was updated in August 2018 to include new information and examples. There are five fundamental pri... -
This post was updated in August 2018 to include new information and examples. At many points in the semester you will be asked to calcula... -
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The following question pertains to the Cournot model of oligopoly. This post shows a trick for solving these best response functions with... -
In economics, the solution to your problem or the equilibrium point in the economy is always going to occur where marginal benefit equals ma...
