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.
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Illustrates the conditions of price discrimination?
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Illustrates the Law of Returns to scale?
Explain Exceptional Demand Curve.
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The theory which the economic rent on agricultural land depends upon how much extra production is gained relative to the production which could be realized on land not rather worth cultivating is attributable to: (1) Johann H. von Thünen. (2) Ada
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