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Enumerate the Scope of managerial economics
The scope of managerial economics contains following subjects:
1. The Theory of demand
2. The Theory of production
3. The Theory of exchange or price theory
4. The Theory of profit
5. The Theory of investment and capital
ROLE OF SCARCITY IN MANAGEMENT DECISION MAKING
the benefits of exchange in the light of the law of association, the introduction of money in direct exchange and way income gets distributed among market participants
Question: (a) Under what conditions would a central bank be considered independent. (b) Discuss the effects of delegating monetary policy making to an independent agent on
asumption and limitation of increemrntal,oppurtunity cost
What is advertising elasticity? Explain
Using the relationship among the price of a visit to a physiotherapist and the quantity of visits demanded, explain and distinguish between the direction, the slope, and the positi
explain perspective of managerial economics
if Q=120-2p is the equation for demand curve, find the compounding total, marginal and average revenue function
Define Williamson''s Model of Managerial Discretion practice?
ECONOMIC EFFECTS OF TAXATION a. A deterrent to work Heavy direct taxation, especially when closely linked to current earnings, can act as a serious check to production
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