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micro.economics, Managerial Economics
Posted Date: 3/10/2013 9:54:09 AM | Location :
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Functions of budget, Functions of the Budget The budget fulfils three ...
Functions of the Budget The budget fulfils three main functions: To raise revenue to meet government expenditure The government of a country provides certain se
Economies and diseconomies of scale, Economies and diseconomies of scale ar...
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
Short run cost curve, Ajax has the following short run cost curve when tc=8...
Ajax has the following short run cost curve when tc=800000-5000Q+100Q2
Market demand and consumers surplus, Market demand and consumers surplus ...
Market demand and consumers surplus Suppose that the market price of a cup of coffee is K£4 but the consumer was willing to pay £9 for the first unit, £8 for the second, £7 fo
Causes of inflation, Causes of Inflation At present three main expl...
Causes of Inflation At present three main explanations are put forward: cost-push, demand-pull, and monetary. Cost-push inflation occurs when he increasing costs of prod
What wage will the firm pay, A firm faces a perfectly elastic demand for it...
A firm faces a perfectly elastic demand for its output at a price of $6 per unit of output. The firm, Though, faces an upward-sloped labor supply curve of E= 20w-120 W
Using factor incomes for calculating national income, Using Factor Incomes ...
Using Factor Incomes for Calculating National Income A second method is to sum up all the incomes to individuals in the form of wages, rents, interests and profits t
Scarcity, What is the role of scarcity in management decisions-making
What is the role of scarcity in management decisions-making
Functions of central bank , FUNCTIONS OF CENTRAL BANK Economists and f...
FUNCTIONS OF CENTRAL BANK Economists and financial experts lack in unanimity about the functions of a central bank. According to Kisch and Elkin, the essential function of a c
The results of the hypothesis test, Use the data set cd costs2010 to estima...
Use the data set cd costs2010 to estimate the marginal cost of one more CD. (Regress costs on the number of CDS.) Test the hypothesis that the marginal cost equals 75 cents. How wo
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