Question
Which of the following would be a decision which is for
repetitive or routine problems for which the responses have been already been decided?Solution
Programmed decisions are concerned with the problems of repetitive nature or routine type matters. A standard procedure is followed for tackling such problems.
Demand and supply equations were given as Qd = 300 - P, Qs = P/2 and govt imposes specific tax you had to find quantity at which tax revenue is maximized?
In a portfolio investment?
New loans made = 1000. Fractional reserve ratio is 1/3, by how much deposits will grow?
Under Perfect Competition, Consider X’s production function to be Q=(min{K,L})1/2 , the price of capital is Rs.2 and price of labor is Rs.1...
In case of Cob web Model, Damped Oscillation is witnessed when
I f Rs. 10 crores are invested in public works and MPS is 0.25, then the increase in income would be
An event in the probability that will never be happened is called as -
Elistan can produce either 5 monster trucks or 10 cans of silly string in a day. What is the opportunity cost of one can of silly string?
What do you mean by ‘under conditions of a perfect competition in the product market’?
What happens in long run under monopolistic competition?
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