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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
When Burton Cummings graduated with honors from the Canadian Trucking Academy, his father gave him a $350,000 tractor-trailer rig. Recently, Burton was boasting to some fellow truc
Problem: (a) Explain with the help of a diagram, the effect on a consumer's equilibrium, of an increase in the price of commodity X while the consumer's money income and price
WRITE A NOTE ON BREAK -EVEN ANALYSIS IN PROFIT MANAGEMENT
iwant presentation on united postal services on social cost and benefits
Collective bargaining Collective bargaining refers to the whole process by which trade unions and employers (or their representatives) arrive at an enforce agreements. Tra
a) A change in demand means that: b) On the production-possibilities drawing, unemployment is represented by:
Laws of returns to scale alludes to the long-run analysis of the laws of production. In the long run, output can be increased by varying all factors. So in this section we study th
discuss the significance of managerial economics in regards to business strategies employed by business entities currently operating in the global economy
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