opportunity cost, Microeconomics

define opportunity cost and how it is useful in managerial decision making?
Posted Date: 4/19/2012 8:00:50 AM | Location : United States







Related Discussions:- opportunity cost, Assignment Help, Ask Question on opportunity cost, Get Answer, Expert's Help, opportunity cost Discussions

Write discussion on opportunity cost
Your posts are moderated
Related Questions
Ask questiowhat are the importance of the branches of economics

Determine whether the ff is counted as part of gdp which of the ff statement are included or excluded 1.1A monthly cheque received by an economic stu

What are the properties of the profit function? Properties of the Profit Function: The properties specified below follow solely by the assumption of profit maximization. No

Explain how monetary and fiscal policies can be used to alleviate (= lessen) dissimilar types of inflation.  Define monetary and fiscal policies and show how these policies mig

Wage Labour: A form of work in that employees perform labour for others, under their direction, in return for salaries orwages. Employer controls and owns the product of the labour

A government official announces a new policy. The country wishes to eliminate its trade deficit, but will strongly encourage financial investment from foreign firms. Explain why su

Consumer Behavior: The government considers different calculations to help senior citizens with their increasing heating bills. One proposal on the table is to pay 20% of senio

You just opened a flower shop and are trying to understand pricing issues. You were told that elasticities are very important in determining prices and what products to supply, so


(a) Reasons of Urban Growth (b) Characteristics of Urban Growth (c) Economic Life of a Building (d) Zone of Transition (e) Location Theory (f) Patterns of Growth Theory (g) Growth