Functions and Responsibilities of managerial economist
What are the Functions and Responsibilities of managerial economist?
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i. Sales forecasting. ii. Market research. iii. Production scheduling iv. Economic analysis of competing industry. v. Investment appraisal. vi. Security management analysis. vii. Advise on foreign exchange management. viii. Advice on trade. ix. Environmental forecasting. x. Economic analysis of agriculture Sales forecasting.
demand has three essentials-damand+purchasing power+.???
Illustrates the Income Elasticity of Demand?
Explain the meaning of total, average, marginal and incremental revenue.
Illustrates the managerial Economics according to Michael Baye? Answer: In the words of Michael Baye as this term Managerial Economics is the study of how to directl
Labor supplies depend on wage rates and also: (w) labor force participation and capital availability. (x) worker skills and preferences regarding employment. (y) technology and the price of output. (z) labor force participation and derived demand.
On-job training, there a college education, as well as leadership skills is all illustrations of: (w) financial capital. (x) human capital. (y) investment. (z) economic capital. Hey friends please give your opinion for the problem
Who is the father of economics and what is wealth definition of economics?
Illustrates the area of decision making in Managerial / Business Economics?
What is Demand Forecasting?
Illustrates the Objectives of managerial economics?
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