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BUS 620 STUDY GUIDE: TEST 1 REVIEW

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Study Guide: Test 1 Review;Provide examples of each of the listed areas;The value of a firm;The present value*;Implicit and explicit costs*;Economic profit*;Business ethics;Average total cost*;Marginal cost*;Fixed cost;MR=MC to maximize profit*;Arc price elasticity of demand*;Income elasticity*;The diffusion index*;Forecast based on regression analysis*;Economies of scale and scope;Price elasticity and total revenue*;Forecast using exponential smoothing*;Forecast using moving average;*need calculation

 

Paper#20148 | Written in 18-Jul-2015

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