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How does economic theory contribute to managerial decisions?
applicatiopn of qt in managerial decision making
Ask questiHow does economic theory contribute to managerial decisions? on #Minimum 100 words accepted#
A cost-push inflation have as a result of workers' attempts to push up their wages. Thus, inflation does not have to be monetary phenomenon." Is this statement true, false, or unce
explain the law of demand. briefly discuss the exception to the law of demand
“Managerial economics involves use of economic analysis to make business decisions involving the best use of a firm’s scarce resources” Explain the statement with suitable example.
Advantages of Planned System i) Uses of resources : Central planning can lead to the full use of all the factors of production, so reducing or ending unemployment. ii
Q. Show the method of production? A process or method of production is a combination of inputs essential for the production of output. A method of production is technically eff
The most significant uses of the price elasticity of demand, used specifically in business decision-making. It refer to the relationship between price elasticity and the marginal c
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
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