MANAGERIAL ECONOMICS Application of Economics in Managerial Decision Making to optimize resources of the firm and maximize the value of the firm What is economics? The best product, wealth, or...
Measures of Central Tendency: There are three measures of central tendency that are: Mean: It is used to represent the average of the data. Median: It is used to represent the middle value. Mode:...
The primary objective of the ECBs monetary policy is to maintain price stability. The ECB aims atinflation rates of below, but close to, 2% over the medium term.The operational framework of theEurosystem...