File Details
Principles Of Managerial Economics | |
File name | Principles Of Managerial Economics |
File Description | The Equimarginal Principle in Economics (Managerial Economics) states that different courses of action should be pursued upto the point where all the courses give equal marginal benefit per unit of cost. It claims that a rational decision-maker would certainly allocate or hire resources in a fashion that the ratio of marginal returns and marginal costs of various uses of a provided resource or of various resources in a given use is the same. |
Category Name | Management Studies |
Subject Name | BUSINESS ECONOMICS |
Module Name | Basic Economic Principles |
Micro Category Name | Equi-marginalism |
Level | Masters |
File Type | |
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