Cheapening of materials and equipments, Managerial Economics

Q. Cheapening of Materials and Equipments?

Expansion of an industry increases the demand for different kinds of materials and capital equipments. This will result in large scale production of equipments andmaterials. Large scale production will decrease their cost of production and so their prices. Therefore the firms employing them will get them at lower prices.

Posted Date: 8/12/2013 2:31:40 AM | Location : United States

Related Discussions:- Cheapening of materials and equipments, Assignment Help, Ask Question on Cheapening of materials and equipments, Get Answer, Expert's Help, Cheapening of materials and equipments Discussions

Write discussion on Cheapening of materials and equipments
Your posts are moderated
Related Questions
if Q=120-2p is the equation for demand curve, find the compounding total, marginal and average revenue function

What is Cyert and March's behavior theory? What are the demerits.

Desire for a commodity This validates that a want or a desire doesn't develop into a demand except it is supported by the ability and willingness to acquire it. For example, a

Q. Explain the concept of demand function? Identical to the demand theory which pivots around the concept of demand function, theory of production revolves around the concept o

Determine The scope of managerial economics The scope of managerial economics involves following subjects: 1.  Theory of demand 2.  Theory of production 3.  Theory of

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

Q. What do mean by Convex Isoquant? Isoquants are convex to the origin: At any point of an isoquant,the slope is negative. Its numerical value measures the marginal rate of te

The relationship between, total expenditure and price elasticity of demand has summed up in the below table: Table: Elasticity and Consumption Expenditure Elas

explain baumol''s sales maximisation model in detail

BU 5210 Final Summer 2013 Economic Analysis