Illustrates the responsibilities of managerial economists
Illustrates the responsibilities of managerial economists?
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The managerial economists have responsibilities as given below:
a. For bringing reasonable profit to the company. b. For making precise forecast. c. For establishing and maintaining contact along with individual and data sources. d. For keeping the management informed of all the probable economic trends. e. For preparing speeches for business executives. f. For participating into public debates g. For earning full status within the business team.
Explain the Geometric Method of Measurement of Elasticity.
At any price of, the demand for a resource is fewer elastic the: (w) easier this is to substitute other resources for this. (x) harder this is to substitute other resources for this. (y) more elastic the demand for the output this produces. (z) greate
What are the merits and demerits of Scarcity Definition of economics?
what are the criteria for good forecasting
Illustrates the Barometric technique of Demand Forecasting?
As a firm is a pure competitor in both the labor market and during the sale of its product, this will hire labor where: (w) profit is maximized. (x) marginal revenue product = marginal resource cost. (y) wage = value of the marginal product. (z) All o
Suppose that the auto market started at the intersection of D0S0, and in that case automakers opened foreign assembly plants after discovering which competent foreign employees worked for minor wages. How would it influence the auto market?: (
Explain the objectives of pricing policy and its aim.
This supply of labor of worker is perfectly inelastic at point: (w) point a. (x) point b. (y) point c. (z) point d. Q : Demand for labor between two points in The arc elasticity of Plastibristle’s demand for labor between point a and point b is: (1) 0.375. (2) 0.667. (3) 0.833. (4) 1.200 (5) 2.000. Discover Q & A Leading Solution Library Avail More Than 1428002 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1942787 Asked 3,689 Active Tutors 1428002 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
The arc elasticity of Plastibristle’s demand for labor between point a and point b is: (1) 0.375. (2) 0.667. (3) 0.833. (4) 1.200 (5) 2.000. Discover Q & A Leading Solution Library Avail More Than 1428002 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1942787 Asked 3,689 Active Tutors 1428002 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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