Achan,
Thanks for that.
More detailed than most could hope for and maybe understand, lol..
I'm head in the books for an economics' exam tomorrow.. working out K & L's. MC's & MPL's.. but jezzz you just blown me away!!!
Birthday for me today and I am old.. so to get my brain around some of these formula's, humm I know I shouldn't have drunk so much wine in my early years..
Deem brain cells just don't come back quick enough..
but as a start.. I think you have hit the nail on the head as a base price.
Then * by x - being market factor
and we will have the answer!!!
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