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how to solve problems using derivatives ?
The aim of monopolist is to maximise profit therefore; he would produce that level of output and charge that price which gives him maximum profits. He would be in equilibrium at th
what is the role of managerial economics in running a business?
Planned Economy Is a system where all major economic decisions are made by a government ministry or planning organisation. Here all questions about the allocation of resources
critically analysis the profit maximisation theory of business firm and illucidet the role of profit in business
how much output should a firm produce? 80$ per unit C(Q)=40+8Q+2Qsquared
Meaning of Inflation There has been a proliferation of definitions of inflation. Many of these definitions, however, embody the description of the processes by which the underl
Features of Planned Economy The command economies relies exclusively on the state. The government will decide what is made, how it is made, how much is made and how distribut
Ask questiHow does economic theory contribute to managerial decisions? on #Minimum 100 words accepted#
p=10, TC= 1000+2Q+.01Q^2, Q=?
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