Determinants of Demand There are various factors on which the market demand and individual demand for a product depends. These factors are known as determinants of demand. The knowledge of the determinants of market demand for a product and the nature of relationship between the demand and its determinants proves very helpful in analyzing […]
Determinants of Demand There are various factors on which the market demand and individual demand for a product depends. These factors are known as determinants of demand. The knowledge of the determinants of market demand for a product and the nature of relationship between the demand and its determinants proves very helpful in analyzing […]
Scope of Managerial Economics In general, the Scope of Managerial Economics comprehends all those economic concepts, theories and tools of analysis which can be used to analyse the business environment and to find solutions to practical business problems. In other words managerial economics is economics applied to the analysis of business problems and decision making. Broadly […]
Importance of Managerial Economics Business and industrial enterprise aims at earning maximum proceeds. A good decision requires fair knowledge of the aspects of economic theory and tools of economic analysis, which are directly involved in the process of decision making. Since managerial economics is concerned with such aspects and tools of analysis, it is […]
Characteristics of Managerial Economics Following are the characteristics of Managerial Economics: Microeconomics Managerial economics in character as it is concerned with smaller units of the economy. It studies the problems and principles of an individual business firm or an individual industry. It assists the management in forecasting and evaluating the trends of market. Normative […]
Leather World-A Brutal Reality Leather is the skin of animals, prepared for use by tanning or a similar process designed to prepare it against decay. Leather is obtained from the skin of animals like cows, goats, sheep, pigs, ostrich, elephants,dogs, cats, horses,kangaroos, fishes and reptiles like snake. It is used in the manufacture of bags, […]
Facts about Food Why is it forbidden to eat onions and garlic during navratri ? What is satvik, rajasik and tamasik bhojan ? Before answering why onions and garlic are prohibited during navratri it is important to understand the three thypes of bhojan in Ayurveda. Those who do not have the patience to read the […]
Facts about Food Some important facts about food Why apple turns brown after being cut? Why should we eat while sitting on the floor? Why sugar is sticky ? Why apples turn brown after being cut? Apples and others like pears, bananas, peaches, potatoes turn brown when cut. This is because these fruits are […]
FACTS ABOUT FOOD Some Important facts about food Why cucumber is bitter? Why pregnant ladies should not eat Papaya? Is it healthier to drink water after or during meal? Why cucumber is bitter? Cucumbers are bitter because of a natural organic compound present in it called cucurbitacin. Cucurbitacin is found mainly in the vegetative parts […]
Donald Trump as President of US (Early Life, Married Life, Awards and Accolades) Donald Trump is a billionaire real estate tycoon and television personality. Trump is Chairman and President of The trump Organization, an international conglomerate based in Trump Power in Midtown Manhattan, New York City. Donald Trump has been elected as the 45th […]
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