BACHELOR OF COMMERCE (B.COM.,) PAPER – 2.1 MANAGERIAL ECONOMICS UNIT – I CHAPTER - I SECTION - I Definition of Managerial Economics Managerial economics refers to those aspects of economics and its tools of analysis most relevant to the firm’s decision-making process. According to MeNair and Meriam, managerial economies consists of the use of economic models of thought to analyze business situations. Some writers consider managerial economics as the integration
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per unit. Overhead is charged weekly at the rate of €1838 and 0.75 times direct cost. Week | 1 | 2 | 3 | 4 | Output | 636 | 576 | 624 | 644 | Workers | 12 | 11 | 11 | 9 | Material (meter) | 4125 | 3675 | 3930 | 4035 | A. Briefly explain the concept of productivity? Productivity Productivity is a measure of the rate at which outputs of goods and services are produced per unit of input
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The beautiful you…. ABOUT SCHON SCHON was introduced in the year 2004 with a foresight to dress the young females with the latest fashion and style in casual wear. SCHON in German means “BEAUTIFUL”. The Brand has been steadily marching ahead to meet the challenges of the fashion-conscious woman. Its zeal and vision to pioneer is being reflected by an almost self-effacing work-style, where the greater good ensures the individual good. As a result, SCHON is emerging as an elegant trendsetter
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xa xb , where a > 0 and 1 2 b > 0. The individual's income is m = 100, and the prices of the two goods are p1 and p2 . (a) Derive the ordinary demand functions for both x1 and x2 . (b) Assume that a = b = 0:5 and p2 = 1 and consider an increase in p1 from 1 to 2. (i) Compute the compensating variation. (ii) Compute the equivalent variation. (c) Assume that a = b = 0:25 and p2 = 1 and consider a decrease in p1 from 2 to 1. (i) Compute the compensating variation. (ii) Compute the equivalent
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Inexpensive, unsecured | Short term | Venture capital | 25-40% | 5-7 years | $500,000+ | Can get large amounts | Very hard to get; share ownership | Leasing companies | 12-18% | 5-7 years | Varies | Same as above; also 100% financing | | Banks | 6-9% | 1-5 years | $50,000+ | Generally least expensive | Generally hardest to qualify for | Task 2: a) Importance of financial planning for Barlett Company Some important factors are given below for the company: - * It helps in managing income
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| | |Qualification |Unit number and title | |BTEC SUBSIDIARY DIPLOMA IN BUSINESS STUDIES |UNIT 1: BUSINESS ENVIRONMENT | |Learner name | Assessor
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SOLUTIONS TO TEXT PROBLEMS: Chapter 6 Quick Quizzes 1. A price ceiling is a legal maximum on the price at which a good can be sold. Examples of price ceilings include rent control, price controls on gasoline in the 1970s, and price ceilings on water during a drought. A price floor is a legal minimum on the price at which a good can be sold. Examples of price floors include the minimum wage and farm-support prices. A price ceiling leads to a shortage, if the ceiling is binding, because suppliers
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this unit is to introduce learners to recruitment and the importance of ensuring that the best people are selected to work in organisations. Learners will study selection and recruitment techniques and will set up, and take part in, a selection interview. Unit introduction Recruiting the right people is the key to the success of many organisations. These organisations ensure that the processes and procedures involved in recruitment and selection meet their needs and are legal. In this unit, learners
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4 | $27.90 | $22.40 | $5.50 | 5 | $29.85 | $24.15 | $5.70 | 6 | $32.75 | $26.70 | $6.05 | *Production profit equals selling price less production cost Table 2: Profit by reselling for each material Material | Selling price | Purchasing price | Resell profit* | 1 | $18.50 | $16.55 | $1.95 | 2 | $20.50 | $18.35 | $2.15 | 3 | $22.60 | $20.25 | $2.35 | 4 | $27.90 | $25.30 | $2.60 | 5 | $29.85 | $27.10 | $2.75 | 6 | $32.75 | $29.85 | $2.90 | *Resell profit equals selling price
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temperature (K) • n = amount (mol) • P = pressure (atm) 5 FHSC1114 Physical Chemistry 4 6 1 Centre for Foundation Studies, UTAR Boyle’s Law Unit of Pressure & Volume • Unit of Pressure: The effect of pressure on gas volume 1 atm = 760 mm Hg = 101325 Pa (Nm-2) = 101.325 kPa = 1.013 bar = 760 torr P 1 V inversely proportional PV constant • Unit of Volume: PV1 P V2 1 2 1 dm3 = 1 L 1 m3 = 103 dm3 = 106 cm3 at constant n and T 7
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