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theories of revenue generation
what is meant by equi-marginal concept
PRODUCT DIFFERENTIATION Product differentiation describes a situation in which there is a single product being manufactured by several suppliers, and the product of each su
arguments in favour of traditional theory of profit maximization
Disadvantages of the Planned System The centrally planned economies suffer from the following limitations: Lack of choice: Consumers have little influence over what is p
A cut in price from Br 1.50 to Br 1.20 leads demand for a product rise by 10% What would the price elastic of demand before this product ? interpret the result by identifying the t
The following contains cost and benefit information for two different alternatives for a w capital investment in computerized process technologies to control the process at a manuf
What is advertising elasticity? Explain
critically analysis the profit maximisation theory of business firm and illucidet the role of profit in business
1. What is the difference between a static (master) budget and a flexible budget? Ans: static budget is where a budget doesn't change a volume changes. An example could be th
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