BUSS230 B-LG1.1: Business Professional Knowledge & Competence
Jump to navigation
Jump to search
Description
1. Use the tools of marginal analysis to explain the optimal allocation of resources within the firm. 2. Identify and describe the environment and the main determinants of demand and competition facing the firm. 3. Use the tools of economic theory to explain optimal production and pricing decisions by the firm in each market structure. 4. Explain the different pricing practices available to and used by firms.