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
Dance fans switches away from Dance music to R&B music AND the price of MP3 players increases

Why might an oligopoly be reluctant to change its price? When some large firms have high total market share and are non-collusive, there is a strong element of interdependency.

using necessary and sufficient conditions explain consumer equilibrium diagrammatically as well as mathematically

3 factors by america palce at world economy leading edge 3 factors have taken pride of place in explanations of America's place at the world economy's leading edge in its level

What is cost analysis? Cost–benefit analysis known as CBA, sometimes known as benefit–cost analysis BCA, is a systematic process of calculating & comparing profit and costs of a pr

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

The production function for (a Music company ) their CDs is q= 25*K*L , where q is the number of CDs produced each month, K is the hours of equipment used, and L is the hours of la

What will be the effects of americas dependency on china?

Sally recently finished her full-time training and received certification as a nurse’s aid at the end of August. She sent out applications to prospective employers during the last

draw demand curve for a-phone explain how the graph, price ,and quantity demand will change if there is an overall increase in income.