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determination of size of firm
Pragmatic Managerial economics Managerial economics is pragmatic. In pure micro-economic theory, analysis is performed, based on certain exceptions, which are far from reality
Q. Describe Managerial and behavioural theories? It was only in 1960s that neo-classical theory of firm was disputed by alternatives like behavioural and managerial theories. M
how to solve problems using derivatives ?
Hayek explaination Under a fractional reserves system, it is possible for the banking system to supply resources to entrepreneurs for investment in excess of resources that are
how it is revalent?
discuss the significance of managerial economics in regards to business strategies employed by business entities currently operating in the global economy
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
define scarcity and oppurtunity cost.show how these concepts are useful in managerial decision making
Theory of Consumer Behaviour Through the study of theory of consumer behaviour we can be able to explain why consumers buy more at a lower price than at a higher price or put
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