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prepare a break-even analysis to determine volume required to cover costs with and without a specified profit target and price.
finding marginal product
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
MEANING OF MANAGERIAL ECONOMICS Managerial economics which is used synonymously with business economics is a branch of economics which deals with application of microeconomic ana
wHAT IS THE SIGNIFICANCE OF EXPECTATION ELASTICITY ?
define scarcity and oppurtunity cost.show how these concepts are useful in managerial decision making
Principles of Managerial Economics points
Equilibrium Income In this model, aggregate desired expenditure has three components: Consumption, Investment and Government Expenditure:
Consider a manufactured good whose production process generates pollution. The annual demand for the good is given by Qd=100-3P. The annual market supply is given by Qs=P. In both
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