Finance and Economics Activity
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Explain the important specific functions of material economics?
What are the Methods of Demand Forecasting?
When a firm is a price taker in the labor market, in that case the: (w) wage is constant for any quantity of labor this would hire. (x) marginal resource cost of labor is constant for any quantity of labor this would hire. (y) wage equals the marginal
Illustrates the criteria for good forecasting method?
Provide a brief introduction of the term Marginal Costing? And also write down the essential suppositions made by Marginal Costing?
States the term Production?
When both supply and demand for a good reduce, this is certain that: (w) market price will rise. (x) equilibrium quantity will reduce. (y) quality of the good will decline. (z) level of consumer satisfaction will increase. I need a
How is the Demand forecasting important?
Explain the Economies of Scale.
I have a problem in economics on Resources. Please help me in the following question. The depletion of the fossil fuel reserves will cause the world’s production possibilities frontier to shift: (i) Outward and decrease capacity
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