Microeconomics in study of managerial economics, Microeconomics

What is the importance of microeconomics in study of managerial economics?

 

Ans)  It’s a economics for decision making where we have to be very optimize and execute those situation which will be helpful in profit maximization in our business efficiently and effectively


Since the microeconomics describes the concepts like demand, production, supply analysis, so that it increases the profit.

Posted Date: 4/1/2013 4:06:23 AM | Location : United States







Related Discussions:- Microeconomics in study of managerial economics, Assignment Help, Ask Question on Microeconomics in study of managerial economics, Get Answer, Expert's Help, Microeconomics in study of managerial economics Discussions

Write discussion on Microeconomics in study of managerial economics
Your posts are moderated
Related Questions
Time is a significant determinant of price elasticity.  If a price changes, it might take consumers a certain amount of time to discover alternative lifestyles or commodities to ac

If one person can produce 1 fish and 10 oranges per hour and works 5 hours a day.another person can produce 2 fish and 20 oranges per 2 hors and works 8 hurs a day then who has the

Significance of Stagnation in Supply and Demand Calculus Stagnation refers to failures of students in a grade/class or grade repetition. The objective of a course is to make c

short run equilibbrium

how does utility figure in the analysis of consumer demand

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

What is optimal choice of consumer according to consumer behavior? Consumer's Optimal Choice: In the fundamental problem of preference maximization, the set of affo

Objectives of the WTO: The agreement establishing the WTO reiterates the following objectives of the WTO:  •  Raising standards of living and incomes, ensuring full employm

Inflation is not possible under the gold standard.” Is this statement true, false, or uncertain? Explain your answer.

Fiat money is not a new idea.  Some European historians recognize the first use of fiat money in Europe resulting from gold and silver smiths issuing their customers receipts for g