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Borrowing Facilities If a country's currency is not convertible, it can borrow from countries whose currencies are convertible and use the convertible currencies to make its i
neoclassical thinking assumes that all firms are established to make profit has been challenged by managerial discretion model.How successful have been these models to maximize pro
Imagine an amusement park with a sole attraction: a roller coaster. For simplicity, the cost of providing a ride is zero. There is a single consumer with demand for rides on the ro
what are the Sources of public debt
WRITE A NOTE ON BREAK -EVEN ANALYSIS IN PROFIT MANAGEMENT
p=10, TC= 1000+2Q+.01Q^2, Q=?
explain critically growth maximisation model of morris ?
THE DETERMINATION OF EQUILIBRIUM NATIONAL INCOME National income is said to be in equilibrium when there is no tendency for it either to increase or for it to decrease. The a
The gap between theory and practise and the role of managerial economics: We have noted above that application of theories to the process of business decision making contributes a
What is Normative economics It is concerned with varied corrective measures that a management undertakes under lots of circumstances. It deals with goal determination, goal dev
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