Decision making, Managerial Economics

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Explain how managerial economics is useful for decision making

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Priciples, Principles of Managerial Economics points

Principles of Managerial Economics points

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The concept of isocost In the use of resources, firms are faced with opportunity cost.  For every addition of say capital, they must forego a unit of say labour. Expositio

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State the Basis of business policies Managerial economics is the founding principle of business policies. Business policies are prepared based on studies and findings of manage

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