Use of Microeconomics for Managerial Economics in Labour Investment Decisions
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F09%3A63508330" target="_blank" >RIV/70883521:28120/09:63508330 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Use of Microeconomics for Managerial Economics in Labour Investment Decisions
Original language description
Managerial economics is a branch of economics that applies microeconomic analysis to decision methods of businesses or other management units. In order to bridge managerial decisions and economics theories, economists build models of firm behaviour in which managers select optimal solutions to their problems. This paper explains how a firm takes decisions through economic theories and management decisions in the point of the firm´s profit optimization. Also this paper explains total, marginal and average product of labour and output elasticity of the production function to elaborate optimal position of labour investment.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2009
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
MEKON´ 09
ISBN
978-80-248-2013-2
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
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Publisher name
Vysoká škola báňská - Technická univerzita
Place of publication
Ostrava
Event location
Ostrava
Event date
May 20, 2009
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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