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Q. Controlover Supply of Inputs - sources of monopoly?
Furthermore, a monopoly situation may arise because of control over the supply of an essential input -skilled labour, raw materials, and technology used-denying access to these inputs to any possible firm. Monopolies may be protected by a protectionist policy of the government by putting tariffs on foreign goods.
define scarcity and oppurtunity cost.show how these concepts are useful in managerial decision making
Consumer Demand is how much of something that consumers are wanting. A company requires to know the consumer demand so they know how much of a product to build.
The International Monetary Fund The International Monetary Fund is a kind of an embryo World Central Bank. Its objectives are: i. To work towards the full convertibilit
Electron Control, Inc., sells voltage regulators to other manufacturers, who then customize and distribute the products to quality assurance labs for their sensitive test equipment
Marginal utility approach The downward sloping nature of the demand curve can be explained by using the law of diminishing marginal utility . For instance, consider a consum
A baseball team is trying to predict ticket sales for the upcoming season. They are also considering increasing prices. The market has a population of 2 million persons. The team s
What is the equilibrium in the labor market? Explain briefly. Equilibrium in the Labor Market a. The market labor of demand curve is the horizontal total of the individual l
Concept of Central bank M.H. De Kock concept of central bank is superior to that of others as it is more inclusive. His long definition of central bank includes many of the imp
discuss baumols dynamic models
is Indian companies running a risk by not giving attention to cost cutting?
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