Consumers tend to purchase less or tend to postpone the purchase if they expect a fall in price of commodity in future. Similarly, they tend to purchase more at high price expecting the prices to increase in future. Role of a Managerial Economist ← Prev Price Elasticity of SupplyNext → ...
1. Provide a definition of Managerial economics and explain how managers can benefit by studing this subject? 2. An entrepreneur says his business is worth $2 million because it has assets worth that Explain the different types of credit derivatives in the f...