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Graded Discussion Board
managerial economics (eco404)
This is to inform that Graded Discussion Board (GDB) No. 01 will be opened on Nov 20, 2015 for discussion and last date for posting your discussion will be Nov 24, 2015.
This Graded Discussion Board will cover first 12 lessons.
Engro Company was established in 2003. Engro decided to expand its business more by offering into the food business so it has established Engro Foods Limited in 2005. Engro Foods (EFOODS) is now one of the top FMCG companies in Pakistan. The company is involved in the manufacturing, processing and marketing of dairy products, ice cream, frozen desserts and fruit juices. It has recognized several brands that have already become household names in Pakistan such as Olper's, Tarang, Dairy Omung, Omung Lassi, Olper's Lite and Omore, amongst others. The company is growing rapidly to achieve expected reductions in average costs as production expands.
Being the student of managerial economics you are required to explain precisely ‘Does the success of Engro Foods (EFOODS) reflect an effective application of the marginal profit concept or the incremental profit concept? Explain logically.
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Would it be a part of marginal profit analysis or incremental profit analysis??
Asif Bhai, r u still with incremental profit concept?????
I think incremental profit concept has been used
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