oppurtunity cost in decision making, Managerial Economics

briefly explain oppurtunity cost in decision making?
Posted Date: 3/17/2013 10:09:30 AM | Location :







Related Discussions:- oppurtunity cost in decision making, Assignment Help, Ask Question on oppurtunity cost in decision making, Get Answer, Expert's Help, oppurtunity cost in decision making Discussions

Write discussion on oppurtunity cost in decision making
Your posts are moderated
Related Questions
Michael was discussing the importance of production analysis and cost analysis to managerial economics with a final year Open Campus student. The final year student, Catherine, sta

Individual and market demand schedule The plan of the possible quantities that will be demanded at different prices by an individual is called Individual demand schedule. Su

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

elasticity concepts occupies a central place in policy formulation explain in details

Question 1: (a) How do economists go about studying the economics of the public sector? Describe the four stages of analysis. (b) What are the main reasons explaining syst

The market demand for brand X has been estimated as Qx=1500-3Px-0.05I-2.5Py+7.5Pz

Describe the Status goods of law of demand The law doesn't concern the commodities that function as a 'status symbol', add to the social status or exhibit prosperity and opulen

Optimum combination of resources The firm can maximise output given costs.  That is when the entrepreneur attains the highest isoquant given a particular Isocost. At t

APPROACHES TO MEASURING NATIONAL INCOME The compilation of national income statistics is a very laborious task.  The total wealth of a nation has to be added up and there are

Apprehensions about the future price of law of demand When consumers anticipate a constant rise in the price of a long-lasting commodity, they buy more of it despite the price