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Profit Maximization: Marginal and Average Revenue
Here are some intro explanations and examples of microeconomic principles behind profit maximization, marginal, and average revenue. In our examples...
Principles of Microeconomics Introduction
DiscussEconomics is about to being a series on introductory principles of microeconomics. This is perfect for beginner economists, those looking...
Question on Product substitutability
This question was originally penned in our Economics Forum, but we closed that so it’s been reposed here. Background: We...
Trade-Offs and the Marginal Rate of Substitution
Picking up from our last article (linked in the navigation below) on indifference curves and trade offs, here we introduce...