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COSTS OF UNEMPLOMENT AND INFLATION In an economy both unemployment and inflation have adverse effects and policy makers formulate policy instruments to contain both
What is Cyert and March's behavior theory? What are the demerits.
The Social Cost of Unemployment i. For the individual, there is the demoralizing effect which can be devastating particularly when they are old. This is because as some
How relevent is managerial dicretion in developing countries?
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law of demand
discuss the significance of managerial economics in regards to business strategies employed by business entities currently operating in the global economy
A company is selling a particular brand of tea and wishes to introduce a new flavor. How will the company forecast demand for it.
Q. What is Production Isoquant? An isoquant demonstrates all those combinations of factors that produce the same level of output. An isoquant is also called as equal product cu
The comparability principle Associations representing workers providing services - clerical, postal, teaching, etc. - have always attempted to apply the "principle of comparab
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