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Factors influencing Exchange Rates i. Inflation: Other things being equal, a country experiencing a high rate of inflation will experience a lower demand for its goods whil
determinants of price expectation of elasticity
Consider an economy with three assets and three states. Let be the matrix of asset payoffs at t=1 and p the vector of asset prices at t=0. Assume p 3 =2. a) Does an ar
how manager can apply scarcity and oppotunity cost in managerial decision making
What are the Methods of Managerial Economics The process of managerial economics deals with aspects of economics and tools of analysis, which are employed by business enterpri
You own a pharmaceutical company that is specialized in the manufacture of medicine for smokers. You newly patented an innovative drug called Clealung, which drastically reduces th
measurement and scaling techniques in business research
A company is selling a particular brand of tea and wishes to introduce a new flavor. How will the company forecast demand for it.
what does it mean?
explain the cyert and march theory of firm
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