How do you apply such principles in the context

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Case: Assume you are the manager of the Addis Ababa City Administration's ABC Manufacturing Business Organization. The company produces its output using a variety of inputs. Your inputs could be complementary, substituted, or unsubstituted. The cost of products and services in Ethiopia increasing alarmingly in Addis Ababa. Because of this price increase, your company's output declines, it can't turn a profit, and its employees are dissatisfied. So, as a manager

Question 1: What managerial economics principles will you apply to escape from these problems

Question 2: How do you apply such principles in the context of your organization

Reference no: EM133326608

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