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Profit: This is surplus left over after a company sells its output and pays off cost of production (which includes raw materials, labour costs and a proportional share of its capital equipment). Its calculation is: revenue - cost = profit.
Implications of Williams model of managerial discretion in Nepalese industries
mancosa assignment
Prove that the utility approach and the indifference curve approach yield the same consumer equilibrium.
Perfect competition: Perfect completion refers to the market structure in which there are a large number of relatively small firms, each firm having freedom of entry into and
what is the homogeinity of demand function wrt prices and income
Fixed costs are those which are independent of output that is they do not change with changes in output. These costs are a fixed amount which must be incurred by a firm in the shor
critically evaluate the two main utility theories
when the demand function is 2Q-24+3P=0,find the marginal revenue when Q=3.
determination of optimal solution mathematical presentation
explain the managerial decision areas
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