They can make better decisions about production, storage, and new discoveries since they have the ability to model prices based on a range of parameters, including supply and demand. Furthermore, both prescriptive and predictive analytics are useful for managing equipment and maintenance in the ...
essential economics topics like supply and demand, inflation, interest rates, and financial policies relevant to finance. corporate finance and governance : learn about capital structure, corporate financing options, dividend policies, and corporate governance principles. benefits of using the finance mcqs ...
1.Introduction To Economics2.Basic of Economics 3.Supply and Demand4.Oligopoly 5.Monopoly6.Macroeconomic Policy Tools 7.Inflation & Productivity8.Foreign Exchange 9.Exchange-Rate Determination10.Elasticity 11.Balance of Payments, Aid and Foreign Investment12.Applied Microeconomics ...
Answer:C) Amplification of demand fluctuations Explanation: The Bullwhip Effect describes the phenomenon where small fluctuations in demand at the consumer level can lead to significant fluctuations upstream in the supply chain. Discuss this question ...
Explanation: The equilibrium price of a property is determined by the law of supply and demand. A lack of supply or housing availability can cause prices to rise, resulting in bidding wars. Multiple parties may be interested in a certain property, and each will try to outbid the other by ...
Some goods are not closely related to each other and are neither substitutes nor complements. for such goods, the cross-price elasticity of demand would be: For a firm operating in a perfect market, its short-run supply is identical with the rising arm of: ...
Explanation: Natural monopolies are industries in which economies of scale cause it to be efficient for a single firm to supply the entire market. Such industries usually require large initial investments and barriers to entry. Q.16: Which of the following is not an element of the economic theo...
a) Capture a higher percentage of Supply Chain Valueb) Capture a higher percentage of Demand Chain Valuec) a & bd) None of the aboveView Answer / Hide Answer3. The broad environment consists of:a) Demographic environment, economic environment and physical environmentb) Technological environment...
Supply various goods and services in the market according to the demand of the consumers. An important marketing channel for goods from producers Purchases the goods from the manufacturer in bulk quantity and re-sells them to retailers in small quantity None of the above...
14.What is the cause of the shift in demand? Change in price of related goods Population increase Change in consumer’s income All of these Answer: D) All of these 15. There is no fluctuation for which of the following changes? Change in income Change in price Change in taste and fas...