Diploma in Managerial Economics - Theory of Production and Cost
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This Free Online Course Includes:
- Hours of Learning
- CPD Accreditation
- Final Assessment
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Diploma in Managerial Economics - Theory of Production and Cost
Study different methods of sales forecasting and master the theory of diminishing returns in this free diploma course.
Grappling with production and costs is a major part of managerial economics. This wel... Grappling with production and costs is a major part of managerial economics. This well-rounded online diploma course will teach you how to forecast demand using both subjective and quantitative methods. You will also analyze the law of diminishing returns and how a rational producer - someone who aims to maximize profit - can operate successfully. The algebra of the break-even analysis and the economies of scale will be highlighted.
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In This Free Course, You Will Learn How To
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