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Explain the concept of externality in economics? Give one example of a positive and a negative externality in Australia.
Using Total Expenditure for Calculating National Income The expenditure approach centres on the components of final demand which generate production. It thus measures GDP
Collective bargaining Collective bargaining refers to the whole process by which trade unions and employers (or their representatives) arrive at an enforce agreements. Tra
williamson model and managerial discretion about its objective and statement of problem
WRITE A NOTE ON BREAK -EVEN ANALYSIS IN PROFIT MANAGEMENT
p=10, TC= 1000+2Q+.01Q^2, Q=?
Question: i) Briefly explain the importance of forecasting for managers? ii) To what extent will managers rely on surveys in business forecasting? iii) What do you mea
Mrs John Robinson- 'Oligopoly is market situation in between monopoly and perfect competition in which the number of sellers is more than one but is not so large that the market pr
Define Williamson''s Model of Managerial Discretion practice?
Q. Development of Skilled Labour - External Economies? As the industry grows training facilities for labour will increase. This helps development of skilled labour that would i
Using the relationship among the price of a visit to a physiotherapist and the quantity of visits demanded, explain and distinguish between the direction, the slope, and the positi
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