NMIMS Business Economics(Retail) Assignment Help 2022eNIGMA
Course: Business Economics (R)
1. The concept of elasticity for demand is importance for determining the prices of various factors of production. Discuss the various factors that influences the price elasticity of demand
2. Complete the hypothetical table below and explain in brief, the behaviour of each type of cost.
3. Demand forecasting in an organisations plays a vital role in business organisations
It provides reasonable data for the organization’s capital investment and expansion decision.
a. Keeping the above statement in consideration. Discuss the various steps involved in
b. Discuss the various needs for demand forecasting in business organisations?