Autonomous expenditure, Managerial Economics

Autonomous Expenditure

Also called Exogenous expenditure, is any expenditure that is taken as a constant or unaffected by any economic variables within our theory.  For instance, in the simple theory of the determination of national income, investment is assumed to vary directly with national income.

Posted Date: 11/28/2012 6:26:35 AM | Location : United States







Related Discussions:- Autonomous expenditure, Assignment Help, Ask Question on Autonomous expenditure, Get Answer, Expert's Help, Autonomous expenditure Discussions

Write discussion on Autonomous expenditure
Your posts are moderated
Related Questions
different types of markets and role in managerial economics

How we can measure Elasticity of demand Though a manager requires an exact measure of this relationship for appropriate business decisions. Elasticity of demand is a measure t

Aside from the price of a product and its substitutes, another significant element of demand for a product is consumer's income. As noticed previously, relationship between demand

Q. What is the economic role of government? What are the roles? Meaning: economic role is the role played by the government in uplifting the economy. The important roles: 1.

Cost of Unemployment Unemployment is a problem because it imposes costs on society and the individual.  The cost of unemployment to a nation can be categorized under three hea

bargaining power of customer for a cement company



NORMAL AND SUPERNORMAL PROFITS Normal profit refers to the payment necessary to keep an entrepreneur in a particular line of production. In economics, it is generally belie

What is Normative economics It is concerned with varied corrective measures that a management undertakes under lots of circumstances. It deals with goal determination, goal dev