forecasting demand
what are the criteria for good forecasting
What are the scopes of managerial economics?
What are the important areas of decision-making?
When a cartel member can persuade competitors to keep the cartel price but secretly give a discount price to certain customers, profits will rise: (w) for all members of the cartel. (x) since price cuts are only given to assigned customers. (y) as a result of an incre
What are the main features of managerial economics?
Illustrates the factors affecting Demand Forecasting?
Profit maximizing firms will adjust their employment of labor till the last employee hired adds: (w) more to the firm’s revenue than this adds to cost. (x) more to the firm’s cost than this adds to the firm’s revenue. (y) an amount o
Define the going rate pricing briefly.
Give a brief introduction of the term P/V ratio and Contribution?
Categorized the Positive income Elasticity?
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