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introduction to economic s, Managerial Economics
What is economics of information
Posted Date: 3/6/2013 11:22:39 AM | Location : USA
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Advantages of the mixed economy, Advantages of the Mixed Economy Neces...
Advantages of the Mixed Economy Necessary services are provided in a true market economy, services which were not able to make profit would not be provided. Incentive: Sin
Income elasticity of demand, Aside from the price of a product and its subs...
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
Where does the firm operate, Where does the firm Operate? The firm wil...
Where does the firm Operate? The firm will avoid stages I, II and III and will instead choose stage II. It will avoid stage I because this shall involve using the fixed facto
Show the importance of demand forecast, Q. Show the importance of Demand f...
Q. Show the importance of Demand forecast? Demand forecast for a particular commodity furthermore offers recommendations for demand forecast of associated industries. For exam
Explain classical and keynesian theories, Problem : (a) Describe inflat...
Problem : (a) Describe inflation and discuss its origin using Classical and Keynesian theories. (b) Describe with diagram how can inflation occur in an economy with substant
Sales maximisation, how realistic is the sales maximisation model
how realistic is the sales maximisation model
Explain about transaction cost theory, Q. Explain about Transaction Cost Th...
Q. Explain about Transaction Cost Theory? The below model reveals market and institutions as a possible form of organisation to coordinate economic transactions. When external
Progressive tax, PROGRESSIVE TAX A progressive income tax system is on...
PROGRESSIVE TAX A progressive income tax system is one where the higher the income, the greater the proportion paid in taxes. This is effected by dividing the taxpayers' inco
Meaning of desire for a commodity, Desire for a commodity This validat...
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
Illustrate about forecasting in management, Illustrate about forecasting in...
Illustrate about forecasting in management A forecast expert has been asked to provide quarterly estimates of the sales volume for a specific product for the next four quarters
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