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Available resources with the desired goals:
To match the available resources with the desired goals: The complementary nature of some investment decisions make for planning. The viability of one project may be conditioned upon another project. For example, the development of the agriculture sector may the require setting up of irrigation projects and a special transport facility for carrying fresh vegetables, fish etc between the farms and the market places. In this wise, planning may be used to coordinate these activities.
Determine Optimal Price, Quantity and Economic Profit A firm has a demand function P = 200 – 5Q and cost function: AC=MC=10 and a potential entrant has a cost function: AC=MC
Criteria of a Good Forecasting Method: 1. Simplicity : and Ease of Comprehension: Management must be able to understand and have confidence in the techniques used compli
Question: (a) Describe the two major developments which have led in the adoption of Import Substitution Industrialisation by Developing Countries in the 1940s/50s. (b) Ill
how to calculate tc,tvc,tfc,afc and mr
1. Consider the following 2-way ANOVA Table with the group number listed in the cells of the table. Factor B=1 B=2 B=3 B=4
The role of trade union to improve the lot of the workers is also important when there prevails the conditions of Monopsonisitc discrimination is said to prevail when the monopsoni
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how does the charging the monoply a specific tax per unit affect the monopoly optmum and 5the welfare of consumer
World Trade Organization: An international economic organization based in Geneva, Switzerland,formed in 1995 which is dedicated to promoting greater trade and investment among its
What is utility maximization according to consumer behavior? Consumer Behavior: Utility Maximization A foundational hypothesis onto individual behavior within modern econ
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