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theory of capital and investment theory of capital and investment evinces the below significant issues selection of a viable investment
describe about the theory of profitevery industrial and business enterprise aims at maximising profit profit is the difference between total economic
determine the theory of exchange and price theorytheory of exchange is commonly called price theory price determination under various types of
state about production theoryproduction theory assists in determining the size of firm and level of production it clarifies the relationship between
state the fixed factor of productioninput level of a fixed factor cant be varied in the short run capital falls under the category of fixed factor
define thevariable factor of production the input level of a variable factor of production can be diverse in the short run raw material inputs are
explain the theory of productioncost and production analysis is central for the unhampered functioning of the production process and for project
what is demand theorydemand theory relates to the study of consumer behaviour it addresses questions like what incites a consumer to buy a particular
state the demand analysis analysis of demand is assumed to forecast demand that is a basic component in managerial decision-making demand forecasting
theory of demand of managerial economics according to siegelman andspencer a business firm is an economic organisation that transforms productivity
determine the scope of managerial economicsthe scope of managerial economics involves following subjects1 theory of demand2 theory of
characteristics of managerial economics1 uses theory of firm managerial economics uses economic principles and conceptsthat are known as theory of
explain about pragmaticmanagerial economics is pragmatic in pure micro-economic theory analysis is performed based on certain exceptions that are far
what is normative economicsit is concerned with varied corrective measures which a management undertakes under different circumstances it deals with
what is microeconomicsit studies the principles and problems of an individual business firm or an individual industry it services the management in
explain managerial economics according to mote and paulhaynes mote and paul managerial economics refers to those characteristics of economics and
what is managerial economics according to spencer and siegelmanspencer and siegelman managerial economics is the integration of economic theory
define managerial economics according to mcnair and meriammcnair and meriam managerial economics comprises the use of economic modes of thought
what is managerial economics according to mcgutgan and moyemcgutgan and moyer managerial economics is the application of economic theory and
define the managerial economics managerial economics is thus a study of application of managerial skills in economics it assists in determining
define aunifying and omniscient themeaunifying and omniscient theme found in managerial economics is the attempt to achieve optimal results from
meaning of managerial economicsmanagerial economics which is used synonymously with business economics is a branch of economics which deals with
determine the managerial economics techniquesthough the most frequent applications of these techniques are as below risk analysis numerous models
explain the decision-making theorydecision-making theory and game theory that recognise the conditions of imperfect knowledge and uncertainty under
fundamental concepts of decision-making theory the fundamental concepts of decision-making theory have been culled from microeconomic theory and have