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A. Write a detailed essay on the importance of economics to managers. OR What is the role of managerial economics in organizations ?
B. What are the methods of measuring national income?
what is equi marginal concepts?
Disadvantages The effect on incentives High progressive tax makes work and extra effort become less valuable. The effect on the willingness to accept risk
Monetary Theory We have seen that Schumpeter theory which runs in terms of innovations and technical change, is at best an incomplete explanation of trade cycle . there are eco
Determine the Market demand curve Market demand curve is the horizontal summation of individual demand curves. The individual demand schedules plotted graphically and summed up
Dan and Ann are chemical engineers working for a biotech company. Each of them would like to be promoted to a managerial position, but only one of them can get the job. Their super
critically analysis the profit maximisation theory of business firm and illucidet the role of profit in business
Ask question #MinimumElectron Control, Inc., sells voltage regulators to other manufacturers, who then customize and distribute the products to quality assurance labs for their sen
p=10, TC= 1000+2Q+.01Q^2, Q=?
ELASTICITY OF DEMAND
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
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