All categories

3 years ago

Limitations of managerial economics

1 answer:

7 0

Managerial economics usually deals with the application of theories ,concepts and tools to solve the real life business problems. There are some drawbacks of this managerial economics too. Sometimes the business problems becomes very unique that the theories and methodologies becomes unable to solve the problem.

You might be interested in

Oxford, Inc., which uses a process-cost accounting system, began operations on January 1 of the current year. The company incurs

Nookie1986 [14]

Answer:

3,000 physical units in the production

Explanation:

Given that,

Oxford started work on 3,000 units during the period

Units were 70% of the way through manufacturing

Therefore,

Physical units in the production = 3,000 units

Equivalently units of production is as follows:

= 70% of Physical units in the production

= 0.7 × 3,000 units

= 2,100 units

Hence, it would be correct to say that the company has 3,000 physical units in the production.

8 0

3 years ago

he trend in recent years is that more and more governments A. have mandated that their central banks focus on controlling inflat

grigory [225]

Answer:

have been granting greater independence to their central banks.

Explanation:

In modern times, the world is getting faster and the concept of open market economies is emerging globally. To cope with this system, governments all over the world are giving their central banks more and more freedom so they can control and operate the market forces to some extent.

Governments know that their interference will only lead to slow and inefficient operations, which can lead to problems in over all system.

8 0

3 years ago

In some states, real estate agents are legally required to A. hire home inspectors to perform pre-sale inspections. B. appraise

Doss [256]

D.back up the claims their clients make about home conditions

6 0

2 years ago

Describe two financial golas you would want to meet beifr you begen investing

labwork [276]

1. Getting out of credit card debt.

2. Paying off student loans.

3 0

3 years ago

On January 1, Year 1, Barnes Company issued a $100,000 installment note. The note had a 10-year term and an 8 percent interest r

Olenka [21]

Answer:

The multiple choices are as follows:

a. $100,000

b. $92,000

c. $93,097

d. $96,903

The correct option is C,$93,097

Explanation:

The principal balance of the note on January 1 year 2 is computed by first of all adding the first year interest to principal amount of $100,000 then deducting the annual principal and interest repayment of $14,903.

Find the computation below:

Opening balance of the note in year 2=$100,000+($100,000*8%)-$14,903

=$100,000+$8,000-$14,903

=$93,097

The opening balance in year 2 is $93,097

Option A is wrong because $100,000 was initial amount of the note.hence no repayment and interest have been considered.

Option B is also incorrect because $92,000 means $100,000 minus the interest on the note,whereas the interest should have been added.

8 0

2 years ago

Read 2 more answers