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Estimating economic relationships
Managerial economics estimates economic relationships between various business factors likeelasticity of demand, income, profit analysis, cost volume etc.
limitations of managerial ecomomics
analyze the method by which firm can allocate the given advertising budget between different media of advertisement
williamson model and managerial discretion about its objective and statement of problem
critically analysis the profit maximisation theory of business firm and illucidet the role of profit in business
Costs of Economic Growth (Increase in National Income) 1. People living in industrial towns suffer from the effects of a polluted atmosphere. 2. The manufacture of
Economics contributes a great deal with towards the performance of managerial duties and responsibilities. Just as biology donates to the medical profession and physics of engineer
Milton Friedman makes the demand for money a function of the real per capital permanent income. in this study the demand function for money is stated as; M/NPP= r( YP/NP) δ W
CLASSIFICATION OF TAXES Taxes can be classified on the basis of: a. Impact of the taxes It means on whom the tax is imposed. On the other hand, incidence of the
definition of discounting concept
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above.
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