Fully explain each of these terms with an example, Business Economics

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Fully explain each of these terms with an example

Fully Explain each of these terms with an example.

1. Dansby-Willig Performance Index

2. Horizontal merger

3. Herfindahl-Hirschman Index (HHI)

4. Perfect competition

5. Brand myopic

6. Diseconomies of scale

7. Inverse demand function

8. Incentive contracts

9. Average variable cost

10. Law of diminishing returns

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Business Economics: Fully explain each of these terms with an example

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Business Economics: Fully explain each of these terms with an example

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