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1 Chapter – 4 Theories of Firms Meaning of Theories of Firm : 2  Theory of Firms goes along with the theories of consumer. A microeconomic concept founded in neoclassical…

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IOANNES PAULUS PP. II LABOREM EXERCENS To His Venerable Brothers in the Episcopate to the Priests to the Religious Families to the sons and daughters of the Church and to…

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Linear Programming Problems – Formulation Linear Programming is a mathematical technique for optimum allocation of limited or scarce resources, such as labour, material,…

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Lesson-15 Breakeven Analysis Learning Objectives • • • • • • To describe as to how the concepts of fixed and variable costs are used in C-V-P analysis To segregate…

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1. MONOPOLY 2. Monopoly - Refers to the form of market organization in which there is a single seller of a product without close substitute. - Characterized by an absence…

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Marginal Costing and Absorption Costing There are mainly two techniques of determining cost and profit:Marginal Costing Absorption Costing These are not methods…

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MAGGI NOODLES Integrated Marketing Communication Integrated marketing communication is integration of all marketing tools, approaches, and resources within a company which…