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Q. Explain Price elasticity and total revenue? Given the relationship between price elasticity and marginal revenue of demand in Eq. II, the decision-makers can simply know whe
Q10000-50p
is indian companies running a risk by not giving attention to cost cutting?
Explain in brief the relationship between TR,AR and MR under perfect market condition.
Q. Construction of an explanatory model? Construction of a sample: To apply multiple regression a large sample is generally essential (ideally between 2,000 to 15,000 indivi
Discuss the price output determination using profit maximization under perfect competition in the short run.
Define Williamson''s Model of Managerial Discretion practice?
Concept of Managerial Economics The discipline of managerial economics deals with characteristics of economics and tools of analysis that are used by business enterprises for dec
What is an effective need of demand 1. An Effective Need: Effective need demands that there must be a need supported by the capacity and readiness to shell out. Henceforth there
what is line balancing for paper machine?
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