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managerial economics, Managerial Economics
present a detailed discussion of the principles of managerial economics
Posted Date: 3/12/2013 5:56:16 PM | Location :
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what is the elasticity of labor demand , Asuume there are two inputs in th...
Asuume there are two inputs in the production function, labor & capital, and these two inputs are perfect substitutes. The existing technology permits one machine to do the work of
Trade cycle-keynes and mitchell description, Keynes and Mitchell Descript...
Keynes and Mitchell Description According to Keynes description, a trade cycle is characterised by alternating expansionary and contractionary wavy movements in the aggregate
Question, what is deadweight loss calculation?
what is deadweight loss calculation?
Demand forecasting methods, Prediction markets: These are speculative mar...
Prediction markets: These are speculative markets fashioned with the intention of making predictions. Assets which are produced possess an ultimate cash worth bound to a specific
Approaches to measuring national income, APPROACHES TO MEASURING NATIONAL I...
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
Stabex, STABEX The STABEX scheme was designed to stabilize earnings fr...
STABEX The STABEX scheme was designed to stabilize earnings from exports of the African, Caribbean and Pacific (ACP) countries to the Community. It covered seventeen agricult
Elasticity of demand, Definition of Elasticity Is defined as the ratio...
Definition of Elasticity Is defined as the ratio of the relative change of one (dependent) variable to changes in another (independent) variable, or it's a percentage change o
Explain mark-up pricing, Q. Explain Mark-up pricing? In addition to usi...
Q. Explain Mark-up pricing? In addition to using above methods to conclude a firm's optimal level of output, a firm can also set price to maximise profit. Optimal markup rules
Short run equilibrium of the firm, SHORT RUN EQUILIBRIUM OF THE FIRM A...
SHORT RUN EQUILIBRIUM OF THE FIRM A firm is in equilibrium when it is maximizing its profits, and can't make bigger profits by altering the price and output level for its prod
Direct intervention of government in economy, Direct intervention T...
Direct intervention The government can also intervene directly in the economy to see that its wishes are carried out. This can be achieved thorough: a. Price and i
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