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if market demand is Q= 30 - 3P how do you write the marginal revenue function as a function of Q
plot the demand schedule and draw the demand curve for the data given for marijuana in the case above
Define the term forecasting As the term 'forecasting' may appear technical, planning for future is a critical aspect of managing any business or anorganisation. The long-term
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Ask questiHow does economic theory contribute to managerial decisions? on #Minimum 100 words accepted#
Q. Explain about isocost line? In economics, an isocost line signifies all combinations of inputs that cost the same total amount. Though, similar to the budget constraint in c
define scarcity and oppurtunity cost.show how these concepts are useful in managerial decision making
to give presentation on the topic: shutdown and abandoned cost analysis?
Income Elasticity of different consumer goods Commodities Coefficient of income elasticity Impact on expenditure Necessities
Q. Explain about Linear Isoquant? : In this case, isoquant would be straight lines as in Figure below. This type presumes perfect substitutability of factors of production. I
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