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In a one-shot game, if you advertise and your rival advertises, you will each earn RM5 million in profits. If neither of you advertises, your rival will make RM4 million and you w
what is traditional theory of cost/explain with suitable diagram
fundamental concepts of decision-making theory The fundamental concepts of decision-making theory have been culled from microeconomic theory and have been furnished with new t
distinguish between industry demand and firm company demand
How does economic theory contribute to managerial decisions
what is the full concept of discounting principles of managerial economics ?
what are the Sources of public debt
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
assumptions and limitations
assumptions and limitation
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