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JNTU Notes on MEFA |
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Re: JNTU Notes on MEFA
Here I am providing the JNTU Notes on MEFA in the doc file which is having I to VIII unite and end of each unite has quiz . Some contents of PDF is showed as below UNIT-I INTRODUCTION TO MANAGERIAL ECONOMICS Imagine for a while that you have finished your studies and have joined as an engineer in a manufacturing organization. What do you do there? You plan to produce maximum quantity of goods of a given quality at a reasonable cost. On the other hand, if you are a sale manager, you have to sell a maximum amount of goods with minimum advertisement costs. In other words, you want to minimize your costs and maximize your returns and by doing so, you are practicing the principles of managerial economics. Managers, in their day-to-day activities, are always confronted with several issues such as how much quantity is to be supplied; at what price; should the product be made internally; or whether it should be bought from outside; how much quantity is to be produced to make a given amount of profit and so on. Managerial economics provides us a basic insight into seeking solutions for managerial problems. For more unites you can read out the attach files as below:- |
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