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Just in Time Scheduling - JIT JIT techniques are being widely adopted by operations managers in manufacturing companies in the West. JIT ideas have not only had a profound im
explain the fundamental task of economic system usin tomatoes as an example
excess reserve make a bank less vulnerable to runs.why
Inflation is defined as
. the condition for second degree of price
Rationale for government intervention There are six major functions the government can perform in an economy. 1. The government provides a legal and social framework within which
MEASURES TO PROMOTE GROWTH: In view of the recent global experience, the following steps need be taken to accelerate the rate of growth. 1) Mastering and constantly improv
What are the basic questions to be answered by economic institution? Four fundamental questions should be answered by any economic institution as: a. What goods and services
Why might an oligopoly be reluctant to change its price? When some large firms have high total market share and are non-collusive, there is a strong element of interdependency.
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