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Advantage of North West Corner Method:
a. This methods is very effective as it provide step by step solution.b. It is very simple to obtain optimum solution through this method.
Disadvantage of North West Corner Methods
a. This method does not take into consider the important factor viz, cost which is sought to be minimized.b. NW corner rule take more time in obtaining optimal solution.
calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs.3 to Rs.2
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5000 words current emerging issue in australia
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