Capital Budgeting is the process by which the firm decides which long-term investments to make.…

Pricing is the process of determining what a company will receive in exchange for its…

Price determination is one of the most crucial aspects in economics. Business managers are expected…

In managerial economics another area which is of great importance is cost of production. The…

In economics, production theory explains the principles in which the business has to take decisions…

Demand Demand is a widely used term, and in common is considered synonymous with terms…

The 'Law Of Demand' states that, all other factors being equal, as the price of…

In economics, a market refers to the collective activity of buyers and sellers for a…

Regression is a statistical technique that helps in qualifying the relationship between the interrelated economic…

Economic analysis is the most crucial phase in managerial economics. A manager has to collect…