What are the important areas of decision-making
What are the important areas of decision-making?
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Following are the important areas of decision making; i) Selection of product. ii) Selection of suitable product mix. iii) Selection of method of production. iv) Product line decision. v) Determination of price and quantity. vi) Decision on promotional strategy. vii) Optimum input combination. viii) Allocation of resources. ix) Replacement decision. x) Make or buy decision. xi) Shut down decision. xii) Decision on export and import. xiii) Location decision. xiv) Capital budgeting.
Explain the important specific functions of material economics?
Explain about input output table method.
All else identical, a competitive firm will demand more labor when: (w) technological advances lead to automation. (x) the price of the firm’s output rises. (y) more firms enter the industry. (z) competing firms offer their workers more training
Differentiate between Private Cost and Social Cost.
Insistence by a potential employer which job applicants submit a résumé is an illustration of: (1) networking. (2) screening. (3) signaling. (4) bragging. (5) qualifying. Please choose the right answer from above...I
Provide a brief introduction of the term Marginal Costing? And also write down the essential suppositions made by Marginal Costing?
The most valuable assets of many households are the household’s: (1) money and jewelry. (2) homes and real estate. (3) human capital and labor. (4) stocks and bonds. (5) bank accounts. How can I solve my Economics
What are the different types of determinants of advertisement elasticity?
Average female wages are historically beneath the average for male workers due to: (w) concentration in low income occupations. (x) placement in low status job positions. (y) lower admission in professional schools and skilled trades.
As per demonstrated in this graph, there average college graduate will earn around: (1) $12,000 yearly. (2) $20,000 yearly. (3) $45,000 yearly. (4) $90,000 yearly. (5) $100,000 yearly. Discover Q & A Leading Solution Library Avail More Than 1429589 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1940967 Asked 3,689 Active Tutors 1429589 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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