Functions and Responsibilities of managerial economist
What are the Functions and Responsibilities of managerial economist?
Expert
i. Sales forecasting. ii. Market research. iii. Production scheduling iv. Economic analysis of competing industry. v. Investment appraisal. vi. Security management analysis. vii. Advise on foreign exchange management. viii. Advice on trade. ix. Environmental forecasting. x. Economic analysis of agriculture Sales forecasting.
What are the various fields of Economics? Explain.
By lying off three workers, total costs of a firm fall by $210 per day, indicating that the marginal: (w) revenue product of labor is $210. (x) revenue product of labor is $70. (y) resource cost of labor is $210. (z) resource cost of labor is $70.
The substitution effect of a small change within the wage rate dominates the income effect for that worker at each wage rate: (w) exceeding $5 per hour. (x) between $5 per hour and $24.99 per hour. (y) exceeding $25.01 per hour. (z) b
What are the important areas of decision making?
what are the criteria for good forecasting
The capability of otherwise qualified workers to involve in particular careers or enter specific professions is probably most inhibited from: (1) occupational licensing. (2) wage discrimination. (3) segregation in our school system. (4) union labor contracts. (5) scre
Explain the different types of income elasticity of demand.
What are the characteristics of a business cycle?
What are the responsibilities of managerial economists?
Short run total revenue of the purely competitive firm would be at a maximum along with: (1) 600 workers. (2) 700 workers. (3) 800 workers. (4) 900 workers (5) 1000 workers. Discover Q & A Leading Solution Library Avail More Than 1460259 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1926458 Asked 3,689 Active Tutors 1460259 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1926458 Asked
3,689
Active Tutors
1460259
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!