Market equlibrium
challenges of Equilibrium picing in devloping countries
Demand is probable to be most wage elastic at prevailing wages for: (1) carpenters. (2) neurosurgeons. (3) computer programmers. (4) teenage employees of fast food restaurants. (5) economists. Can someone explain/h
Inefficiency may exist within a labor market while a firm only hires labor up to a certain point where: (w) the value of labor’s marginal product equals the wage rate. (x) VMP > MRC. (y) MPPL = w/P. (z) the last unit of labor adds as much to
Describe the term trend projection.
Write down the features of Marginal costing?
Illustrates the ways in managerial economics bridges between real business practices and traditional economic theory?
Explain the Exceptional Demand Curve.
What are the advantages and disadvantages of survey techniques?
Illustrates the characteristics of Oligopoly?
Define the some criticized highlight points of Adam Smith?
What are the features of phases of business cycle?
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