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Real economies are delineated as those which are associated with a reduction in the physical quantity of inputs like raw materials, varying kinds of labour and various kinds of cap
State the difficulties in the measurement of profit.
Bank Deposit Bank notes and coins together constitute the currency in circulation. But they form only a part of the total money supply. The larger part of the money supply i
For some time, two firms have charged $0.90 per standard unit of crating materials for shipping a particular type of machine tool and each has been selling about 20,000 units per m
Explain the importance of managerial economics.
Theories associated with different market structures A firms profit maximising output decisions take into account the market structure under that they operate. There are 4 type
what is profit planning?
Q. Production Planning in demand forecast period ? Long term production planning can assist the management in organising long term finances on practical terms and conditions. S
what are functions of management
wHAT IS THE SIGNIFICANCE OF EXPECTATION ELASTICITY ?
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