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explain it. Let, a new firm has started its operation in local RMG sector. a) What according to the concept of Microeconomics will be its

explain it.
Let, a new firm has started its operation in local RMG sector. a) What according to the concept of Microeconomics will be its goal? Do you think that the goal(s) could be different if one is discussing them from the point of view of Industrial Economics? Please elaborate. b) What is Economic Efficiency? Can you describe the external factors that may affect the economic efficiency of the firm with real life example

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