mba, Managerial Economics

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Merits of direct taxes, Merits of direct taxes a.  They satisfy the pr...

Merits of direct taxes a.  They satisfy the principle of equity as they are easily matched to the tax payers capacity to pay once assessed. b.  They satisfy the principles

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Ingrid and Jeff would like to use Saturday night together but have dissimilar tastes in entertainment. Jeff would like to go to the opera but Ingrid would prefer to see soccer. As

Budget Constraint line, 1. The price of a CD (PC) is $10 and the price of a...

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How does economic theory contribute to managerial decisions?

Factors influencing supply curve - prices of related goods, Prices of other...

Prices of other related goods i)           Substitutes:   If X and Y are substitutes, then if the price X increases, the quantity demanded of X falls.  This will lead to inc

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