to study hw people make choices with limited resources
responsibilities of managerial eeconomic
It is both. Of course there are certain elements of economics that are undoubtedly objectively true, however, positive economics more often than not bases its conclusions on assumptions, and so, by the very fact of using these assumptions to arive at an objective truth, you are making a value judgement, therefore, more often than not, positive statements are objective conclusions based on subjective premises.
byzantine empire
How society chooses to use its limited resources
a primary product like oil or coffee.
What is the primary objective of normal security operations
No matter what people think the primary objective of the IRA is to provide clients with consulting services.
The primary objective of a firewall is to protect the computer and its network from unwanted intrusions. These intrusions can include viruses and hackers.
responsibilities of managerial eeconomic
Mission; Accomplishment
explain the primary objectives of cost management ?
The primary objective is to ensure that the risks that the project faces are handled in a way that there is minimal impact to the projects outcome
its primary objective is to provide external reports called financial statements to help users analyze an organization's activities.
It is both. Of course there are certain elements of economics that are undoubtedly objectively true, however, positive economics more often than not bases its conclusions on assumptions, and so, by the very fact of using these assumptions to arive at an objective truth, you are making a value judgement, therefore, more often than not, positive statements are objective conclusions based on subjective premises.
Trial of the product
Maximizing profits.
Saving money