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Explain baumol''s static model
Arguments against protectionism Most of the arguments for protectionism may be met with counter arguments, but underlying the economic arguments as opposed to the social, mo
What are the limitations of managerial ecomimics
Hi Could you please help me with " Ramsey pricing in detail " as I have an assignment.
Functions of the Budget The budget fulfils three main functions: To raise revenue to meet government expenditure The government of a country provides certain se
Explain the Decision-making theory Decision-making theory and game theory that recognise the conditions of imperfect knowledge and uncertainty under which business managers ope
What is decreasing marginal cost? All additional lawn mowed generates less benefit than the earlier lawn à along with decreasing marginal benefit; every additional unit generat
Indian industry has progressed a lot because of globalization. A lot of development has been seen in Indian industry.
Opportunity Cost This is the amount that is sacrificed when choosing one activity over the next-best alternative. In organization, an example of opportunity cost is seen in th
calculate point elasticity of demand for demand function q=10-2p for decrease in price from rs 3 to rs 2
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