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Concept of Stock Replenishment
This concept assumes that stock is always available whether there is demand or not. Consider the demand for constituent items, such as component parts or raw materials. By having stock of everything available all the time, we are in conflict with basic management objectives of low inventory (low cost) and high return on investment.
The term 'replenishment' means restoration to an original state of fullness.
Benefits of Education The returns a person/society (state/government) gets from acquiring education is referred to as benefits from education. If such returns are paid/receive
TYPES OF POLLUTANTS In general the air pollutants can be sub divided into 2 catexampleories: Primary pollutants and Secondary pollutants Primary pollutants These are the poll
Economic Growth: Economic Growth refers to an increase in real aggregate output (real GDP) reflected in increased real per capita income. A country is said to experience econo
law of diminishing marginal utility its assumptions, limitation, and its practical importance
(a) Suppose Scientists discover that eating soybeans prevents cancer and heart disease.
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choose a topic from microeconomics that matters to you and find a recent news article covering that topic?
CONSIDER THE DEMAND CUVE Q=100-50P DRAW THE DEMAND CURVE AND INDICATE WHICH PORTION OF THE CURVE IS ELASTIC ,WHICH PORTION IS INELASTIC AND WHICH PORTION IS UNIT ELASTIC
Is Indian companies running a risk by not giving attention to cost cutting?
explain the nature and scope of economics.
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