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scope of marginal costing
what is the full concept of discounting principles of managerial economics ?
Explain how managerial economics is useful for decision making
Buffer stocks and stabilization funds In this case the government buys up part of the supply when output is excessive, stores this surplus, and resells it to consumers in time
A chemical producer dumps toxic waste into a river. The waste decreases the population of fish, decreasing profits for the local fishing industry by $100,000 per year. The firm cou
Explain cost output relationship with reference to: a. Total fixed cost and output b. Total variable cost and output
examples
How does economic theory contribute to managerial decisions?
Q. What is Production and Cost Function? Production functions and cost functions are the keystones of managerial and business economics. A production function is a mathematical
Describe about regression analysis An illustration from the automobile industry is befitting for explaining the forecasting method that uses simple regression analysis. Let's p
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