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1. Consider the market where there is product differentiation with two firms. The firms are choosing prices p1 and p2 and have demands given by q1 = 40 - 0.5 p1 + p2 q2 = 60
What are the major area of decision making ? How does economic theory contribute to managerial decision ?
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Explain about the characteristics required in a risk owner. To be effective within their role, a risk owner’ requirements are as follows: a. Adequate information regarding a
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AsEvaluate the implications of implementing this ideal product mix in Transnet Freight Rail.
what are the examples of business economics.
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