The Firm and the Market The issues We've taken for granted a firm's environment What basis for the given price assumption? What if we relax it for a single firm?…

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ELEC-1104 Lecture 3:Lecture 3: Per Unit SystemsPer Unit Systems Basic Units The 4 basic electrical quantities are: Voltage V (volt) Current I (amp)Current I (amp) Impedance…

BASIC DEMAND AND SUPPLY ANALYSIS A market is an institutional arrangement under which buyers and sellers can exchange some quantity of a ..good or service at a mutually agreeable…

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