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State the Demand analysis
Analysis of demand is assumed to forecast demand that is a basic component in managerial decision-making. Demand forecasting is of importance since an estimate of future sales is a primer for preparing production schedule and using productive resources. Demand analysis assists the management in identifying factors which influence the demand for the products of a firm. So demand analysis and forecasting is of prime importance to business planning.
FACTORS AFFECTING THE ABILITY OF TRADE UNIONS TO GAIN LARGER WAGE INCREASES FOR ITS MEMBERS The basic factor is elasticity of demand for the type of labour concerned. The ela
Movements along the supply curve Movements along the supply curve are brought about by changes in the price of the commodity. When price increases from P1 to P2, quant
what are the Sources of public debt
Menu Costs Why do firms not change their prices very frequently? Obviously, the costs of changing prices at frequent intervals and in small amounts must be more than the b
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2.
In Home and Foreign there are 2 factors of production, land & labor, used to produce only one good. The land supply in every country and the technology of production are exactly th
is the sales maximization applicable
Prices of other goods must remain constant Changes in the prices of other goods frequently impinge on the demand for a particular commodity. If prices of commodities for which
structure of managerial economics
price output determination under monopoly explain
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