Cheapening of materials and equipments, Managerial Economics

Assignment Help:

Q. Cheapening of Materials and Equipments?

Expansion of an industry increases the demand for different kinds of materials and capital equipments. This will result in large scale production of equipments andmaterials. Large scale production will decrease their cost of production and so their prices. Therefore the firms employing them will get them at lower prices.


Related Discussions:- Cheapening of materials and equipments

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

Price, break event point

break event point

Transitional unemployment, Transitional unemployment Transitional unem...

Transitional unemployment Transitional unemployment is that situation which prevails due to some temporary reasons.  The main reason for this type of unemployment are:

What is an effective need of demand, What is an effective need of demand ...

What is an effective need of demand 1.  An Effective Need: Effective need demands that there must be a need supported by the capacity and readiness to shell out. Henceforth there

Williamson model of managerial discriation, how equilibrium output can be...

how equilibrium output can be find in williamson model

Factors responsible for wage differential between occupation, FACTORS RESPO...

FACTORS RESPONSIBLE FOR WAGE DIFFERENTIALS BETWEEN OCCUPATIONS The major cause is demand and supply for the particular labour concerned, but other causes could be: i.

PRINCIPLES, WHAT ARE THE PRINCIPLES OF MANGERIAL ECONOMICS

WHAT ARE THE PRINCIPLES OF MANGERIAL ECONOMICS

Using the national output for calculating national income, Using the Nation...

Using the National Output for Calculating National Income A final method which is more direct is the "output method" or the value added approach .  This involves adding up

Methods of demand forecast, No demand forecasting method is 100% accurate. ...

No demand forecasting method is 100% accurate. Collective forecasts develop precision and reduce the probability of huge mistakes.  Methods which relay on Qualitative Assessmen

Explain about pragmatic, Explain about Pragmatic Managerial economics i...

Explain about Pragmatic Managerial economics is pragmatic. In pure micro-economic theory, analysis is performed based on certain exceptions that are far from reality. Though in

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd