Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Explain the demand for a commodity
The functional relationship between demand for a commodity and its various determinants may be expressed mathematically in terms of a demand function,
thus:
Dx = f (PX, Py, M, T, A, U) where, Dx = Quantity demanded for commodity X. f = functional relation. PX = the price of commodity X. Py = the price of substitutes and complementary goods. M = the money income of the consumer. T = the taste of the consumer. A = the advertisement effects. U = Unknown variables or influences.
Market research operations to obtain reliable and relevant information about the trends in market. A data analysing and processing system to estimate as well as evaluate the s
Statistical technique used to estimate economic variable Some statistical techniques are used to estimate economic variables of interest to a manager. In a number of cases, sta
explain the cyert and march theory of firm
structure of managerial economics
Given the following payoff matrix (a) indicate the best strategy for each firm (b) why is the entry deterrent threat by firm Ato lower the pruce not credible
Bain''s limit pricing theory advantages and disadvantages
NATIONAL INCOME AND WELFARE The relationship between National Income and Welfare is best explained in terms of economic growth (By economic growth is meant capacity expansio
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
Difficulties in using fiscal policy There are several problems involved in implementing fiscal policy. They include: Theoretical problems Monetarists and the Keynesia
Point elasticity The point elasticity of demand is described as the proportionate change in quantity demanded in response to a very small proportionate change in price. The con
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd