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Explain the factors which would affect the price of a good.
As there is a very long list of determinants, the basic issue is for the student to describe and illustrate how shifts in demand and/or supply will influence the market price. It is significant that rote-memorised factors are not simply tossed in, but founded on examples. For instance, the price of other goods will affect the price of a good - A fall in the price of DVD rentals might decreasedemand for purchasing DVDs, which could ultimately lower the price of purchasing DVDs.
Is Indian companies running a risk by not giving attention to cost cutting?
Johnson Farms owns valuable farm land that allows it to produce wheat at a lower cost than its competitors. The company reports large profits each year on its accounting statements
if a bank has $6000 in checkable deposits and the required reserve ratio is 0.2 then the bank can lend how much money?
Revise business plans to incorporate appropriate changes.
FOREIGN TRADE: Interdependence between the economies of the world has increased multifold. External sector in the economy has gained primeimportance. Both exports and imports
bains limit price
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define perspective of managerial economics.
GROWTH OF EMPLOYMENT OPPORTUNITIES: Policy failure refers to situations: i) When the objectives of public policy are attained partially or inadequately or in a distorted
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