Which among the following is a branch of economics involving the application of economic methods in the managerial decision-making process?
Managerial Economics is a branch of economics involving the application of economic methods in the managerial decision-making process. Managerial economics is used to find a rational solution to problems faced by firms. These problems include issues around demand, cost, production, marketing, and it is used also for future planning.
Calculate the number of days it would take for a team of 8 boys, 5 girls, and 5 children to Construct a building. This building was previously constru...
‘A’ alone can do some work in 22 days. ‘B’ and ‘C’ together can do the same work in 12 days. If ‘B’ is half as efficient as ‘A’, the...
A pipe can fill a tank in 14 hours, and B pipe can drain a tank in 21 hours. If a system of N pipes (fill pipes and drain pipes put together) can...
Ajay alone can complete a work in 10 days and Bittu alone can complete the same work in 15 days. Ajay starts the work alone and after three days Bittu j...
Amin, Basha and Cheez can do a piece of work in 90, 40 and 12 days respectively. But they decide. That a single person will work in a day and receive Rs...
A’ and ‘B’ together can complete a work in 25 days while ‘A’ takes 30 days to complete the same work alone. If ‘C’ is 20% more efficient t...
Ashish and Anil can do a piece of work in 20 days and 25 days respectively. Ashish completed 60% of the work. Find the time taken by Anil to complete th...
P is 60% more efficient than Q. P takes 30 more days to finish a work as compared to the number of days taken by P and Q together to finish the same wor...
A and B individually can complete the work in 32 days and 48 days respectively. If the time taken by C alone to complete the work is 1.25 times the time...
x men can finish a work in y days. 0.9x women can finish 1/3rd of the same work in (y - 8) days. If 0.8x women can complete 1/3rd work in 36 days. Find ...
