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The model that runs in short run in which capital and land inputs are fixed but labor acts as variable input in production is known as
If economy gets affected by any un-related third party's consequences can be called an
If the firm's varying costs are greater than the revenues it is getting but producing is the situation where a firm will
The type of situation when a firm charges a different price to different groups of consumers for an identical good or service, for reasons not associated with costs of supply is called as
An expenditure that refers to the purchase of such goods which enhance overall production capacity in the domestic economy is known as
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