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what is asset market theory theory in environmental economics?
WHY MANAGERS NEED TO KNOW ECONOMICS The influence of economics towards the performance of managerial duties and responsibilities is of major importance. The importance and cont
Using the National Output for Calculating National Income A final method which is more direct is the "output method" or the value added approach . This involves adding up
CHARACTERISTICS OF MANAGERIAL ECONOMICS 1. Uses theory of firm: Managerial economics uses economic principles and conceptsthat are known as theory of Firm or 'Economics of the
Pricing Methods
Factor combination in the long run In the long run it is possible to vary all factors of production. The firm is therefore restricted in its activities by the law of diminish
why firms under oligopoly market should follow price rigidity?
The gap between theory and practise and the role of managerial economics: We have noted above that application of theories to the process of business decision making contributes a
MONEY MARKETS The expression "money markets" is used to refer to the set of institutions and individuals who are engaged in the borrowing and lending of large sums of money
howw much should the firm produce to maximize its profits
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