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Explain the importance of managerial economics.
TC=100+0.15Q, Qu=1000-10Pu
discuss the significance of managerial economics in regards to business strategies employed by business entities currently operating in the global economy
Why do the managers in marris model maximise their satisfaction by choosing a higher growth rate and a lower valuation ratio when compared to the profit maximisation
Q. What do you mean by External Economies? External economies arise outside the firm as a result of improvement in industrial environment in that the firm operates. They are ex
monopolistic competition
classification of costs
Practical Importance of the knowledge of Price Elasticity of demand The practical importance of the measures of elasticity of demand is to be appreciated in various ways:
how sample size technique is helpful in demand forecasting of a particular product?
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