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State about Managerial economics
Managerial economics is a discipline which is designed to facilitate a solid foundation of economic understanding for business managers and allow them to make informed and analysed managerial decisions which are in keeping with complex and transient business environment.
break event point
Explain trend projection method of demand forecasting with illustration.
1. What is the difference between a static (master) budget and a flexible budget? Ans: static budget is where a budget doesn't change a volume changes. An example could be th
why firms under oligopoly market should follow price rigidity?
Total Cost (TC) This is the sum of fixed costs and variable costs i.e. TC = FC + VC.
Use the data set cd costs2010 to estimate the marginal cost of one more CD. (Regress costs on the number of CDS.) Test the hypothesis that the marginal cost equals 75 cents. How wo
isoquant and its properties
#question.Constraints of Marris’ Growth Maximisation Model
Explain the concept of externality in economics? Give one example of a positive and a negative externality in Australia.
Q. Describe Managerial and behavioural theories? It was only in 1960s that neo-classical theory of firm was disputed by alternatives like behavioural and managerial theories. M
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