Managerial Economics


JOINT STOCK COMPANY

Association consisting of more than ten person formed for carrying on a banking business and any association consisting of more than 20 person formed for…


Utility

Utility is the capacity of commodity to satisfy human wants. Measure of utility It is the fact of common experience that the utility of all…








Factors of production

There are certain things wish contribute to production. They are therefore, called factors of production. The factors of production are chiefly two: The personal exertion…