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







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