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equi marginal concepts, Managerial Economics
what is equi marginal concepts?
Posted Date: 11/28/2012 8:50:27 AM | Location : USA
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Explain the no new substitutes for the commodity, No new substitutes for th...
No new substitutes for the commodity If some new substitutes for a commodity appear in the market, its demand normally declines. This is quite natural, since with the availabil
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A Retention bonus is an incentive paid to a key employee to retain them by a critical business cycle. This could be a transitional period (like mergers and acquisitions) to ensure
Mankiw model of nominal rigidities, Mankiw Model of Nominal Rigidities ...
Mankiw Model of Nominal Rigidities There are two related reasons for which firms do not frequently change prices. First, as we saw in the discussion on menu costs, the cost
Loss at the point of equilibrium, Q. Loss at the point of equilibrium? ...
Q. Loss at the point of equilibrium? Losses: At the point of equilibrium i.e. E where MR = MC, firm produces OM amount of the output. To produce this output, firm incurs an a
Wastes of monopolistic competition excess capacity, It indicates the amount...
It indicates the amount of output by that long run output of the firm under monopolistic competition falls short of the Ideal output. This is regarded as wastage in monopolistic co
Applications of managerial theories and concepts in decision, Discuss the a...
Discuss the applications of Managerial economics concepts or theories in managerial decision making question..
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Determine the Application of managerial economics Application of managerial economics isn't restricted to profit-seeking business organisations. Tools of managerial economics
Keynesian theory of consumption function, THE KEYNESIAN THEORY OF CONSUMPTI...
THE KEYNESIAN THEORY OF CONSUMPTION FUNCTION The theory was developed during the Great Depression which plagued Europe and America. During this time, there was excess capacit
Practical importance of knowledge-price elasticity of demand, Practical Imp...
Practical Importance of the knowledge of Price Elasticity of demand The practical importance of the measures of elasticity of demand is to be appreciated in various ways:
Real rigidities in the labour market, Real Rigidities in the Labour Market ...
Real Rigidities in the Labour Market New Keynesian theories of the labour market help in explaining the existence of involuntary unemployment. The theories also attempt to
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