Explain the decision making areas of the decision making
Explain the decision making areas of the decision making.
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Given are the important areas of decision making as follows:
Selection of suitable product mix, Replacement decision, Selection of product, Selection of ways of production, shut down the decision, Location decision and Optimum input combination, Allocation of resources. And make or buy decision, Decision upon promotional strategy, Product line decision, Determination of quantity and price, Decision on import and export and Capital budgeting.
Illustrates the barometric pricing briefly?
When a firm does not influence the wage rate no matter how many workers this hires, then: (1) MRPL = MRCL for all feasible output levels for the firm. (2) MRCL = MPPL for all feasible output levels for the firm. (3) MPPL = MRPL for all feasible output
what are the criteria for good forecasting
Write down the features of Marginal costing?
By the following choices in this illustrated graph, this worker would be happiest at point: (w) point a. (x) point b. (y) point c. (z) point d. Q : Perfectly inelastic labor-supply This This supply of labor of worker is perfectly inelastic at point: (w) point a. (x) point b. (y) point c. (z) point d. Q : How is the Demand forecasting important How is the Demand forecasting important?
This supply of labor of worker is perfectly inelastic at point: (w) point a. (x) point b. (y) point c. (z) point d. Q : How is the Demand forecasting important How is the Demand forecasting important?
How is the Demand forecasting important?
Explain Exceptional Demand Curve.
Define the consumer psychology and pricing and affecting elements.
Illustrates the Scope of Managerial /Business Economics?
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