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Determine the uses of Managerial economics
Managerial economics studies the application of the principles, methods and techniques of economics to managerial problems of business and industrial enterprises. The term is used interchangeably with microeconomics, economics of enterprise, applied economics, managerial analysis and so on. Managerial economics lies at the junction of economics and business management and traverses the hiatus among the two disciplines.
The acme paper company lowers its price of envelopes (1000 count) from $6to $5.40.
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How does economic theory contribute to managerial decisions?
Functions of Commercial Banks In modern economy, commercial banks have the following functions: i. They provide a safe deposit for money and other valuables. ii.
Explain in brief the relationship between TR,AR and MR under perfect market condition.
p=10, TC= 1000+2Q+.01Q^2, Q=?
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