A project started in hopes of making money.
Opportunity Cost.
Ejusdem Generis
Ceterius paribus is commonly used economics term meaning "all things being equal". It used to simply economic analysis. Ceterius paribus is commonly used economics term meaning "all things being equal". It used to simply economic analysis.
Social justice is a term that is used loosely to describe economic equality. There have been movements throughout history which focused on making sure that everyone had the same economic situations.
Cost-benefits analysis
what are the economic tool which help manager in decision making
There are different and incompatible economic goals.There are different and incompatible economic goals.different people want different things out of life.
Because you will know the in and out of what you are planning. for a short term or long term. the information gathered in research give you a idea about many things.
The role of managerial economics in decision making is to help in the analysis of economic trends which will be used in making critical decision. This will focus on past, present and future economic patterns.
Because you will know the in and out of what you are planning. for a short term or long term. the information gathered in research give you a idea about many things.
Revenue is the economic term for the money that is received from the sale of goods and services.