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what is the full concept of discounting principles of managerial economics ?
price output determination under monopoly explain
Disadvantages of a Free Economy The free market gives rise to certain inefficiencies called market failures i.e. where the market system fails to provide an optimal allocation
Explain the importance of managerial economics.
Consider the following table. It shows the market shares of seven clothing stores (A to G) in five dissimilar cities. a) Calculate the Herfindahl index (?H) for each city.
wHAT IS THE SIGNIFICANCE OF EXPECTATION ELASTICITY ?
Bank of Issue The central bank enjoys the monopoly of bank note issue i.e. no bank other than the central bank is authorised by law to print currency notes. Printing of paper
break event point
Discuss the applications of Managerial economics concepts or theories in managerial decision making question..
What is Managerial economics according to McGutgan and Moye McGutgan and Moyer: "Managerial economics is the application of economic theory and methodology to decision-making
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