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What is the importance of microeconomics in study of managerial economics?
Ans) It’s a economics for decision making where we have to be very optimize and execute those situation which will be helpful in profit maximization in our business efficiently and effectively
Since the microeconomics describes the concepts like demand, production, supply analysis, so that it increases the profit.
What is Hicksian demand function? Hicksian Demand Function: The solution of expenditure function that is the function of (p, u) is denoted by h(p, u) and termed as the Hicks
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this is a project I need help answering the questions
In a perfectly competitive market the price of the product is?
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The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. It originated from countries with highly sophisticated fin
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