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Managers: Top directors and managers of larger companies who are assigned the task of organizing disciplining workers, initiating production and accounting to shareholders for performance of the business.
what are the values of real money supply and the current price level
The question states that a hotel charges $60 a night for a room per night during off peak. This hotel has a fixed cost of $75 per night and variable costs of $40 per night (only ap
This is the practice of maximizing profits and revenues and minimizing costs, using marginal analysis.
what are the sources of oligopoly power
1- Suppose the economy is currently in recession, and the exchange rate if fixed using the IS-LM model. a) explain and illustrate the economy adjustment ( in the medium run)
Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.
Player 2 C B A 1,2 3,2 B 2,3 a, b Player 1
if a monopolist makes economic profits, new firms enter the market and compete with the monopolist in the long run.
Capital make large scale production and greater degree of specialization possible. Thus with capital accumulation the advantages of large scale production and specializations are o
How the inflation effect on the Import and Export of the country? When general price level enhances in an economy, local currency is devalued. Economy has to spend more on imp
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