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define scarcity and opportunity cost.Show how these concept are useful in managerial decision making
Theory of consumer behavior
critically analysis the profit maximisation theory of business firm and illucidet the role of profit in business
gap between economic theory and business practice
Economies and diseconomies of scale are of two types- external andinternal. Internal economies and diseconomies are those which a firm reaps as a result of its own expansion. Conve
how does knowledge of economics help in maximizing profit in firm
williamson''s model describe
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classification of costs
Prediction markets: These are speculative markets fashioned with the intention of making predictions. Assets which are produced possess an ultimate cash worth bound to a specific
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