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What are the tools of factor markets and the distribution of income?
Tools of factor markets and the distribution of income:
a. Factor distribution of income
b. Marginal productivity theory about of income distribution
c. Wage discrimination and disparities
d. Time distribution and individual labor supply
Managerial economics according to Mote and Paul "Managerial economics refers to those aspects of economics and its tools of analysis most relevant to the firm's decision-making
The elasticity of a demand curve is frequently judged by its appearance: the flatter the demand curve, the greater the elasticity and vice versa. However this conclusion is mislead
The demand for good X is estimated to be: where p x price of X in dollars M = personal disposable income in trillions of dollars per year P y = price of a competitive in do
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
WRITE A NOTE ON BREAK -EVEN ANALYSIS IN PROFIT MANAGEMENT
Explain the limitations of managerial economics
Importance of Income Elasticity If a country is experiencing economic growth, the income of the people will increase. However, for those engaged in the production of goods wi
agency problems between shareholders and government
What is decreasing marginal cost? All additional lawn mowed generates less benefit than the earlier lawn à along with decreasing marginal benefit; every additional unit generat
Factors influencing demand for a product These are broadly divided into factors determining household demand and factors affecting market demand . Factors affecting hou
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