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Microeconomics

C/E/156. Baumol model

WORDS:
1400
DATE:
2007
PRICE:
19.99 GBP

This paper analyses and describes Baumol managerial model on sales revenues maximisation. The essay also compares this model with the outcomes from the traditional neoclassical theory using 'real world' examples to demonstrate the differences between both approaches.

 

KEYWORDS: Managerial economics Production theory Baumol model, neoclassic economics,

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