1. What we the function areas of Managenal Economics
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The Functions of the Managerial Economist
- 1) Demand Forecasting. Demand forecasting is one of the most important functions of the managerial economist. ...
- 2) Capital Budgeting. ...
- 3) Risk Analysis. ...
- 4) Pricing and Competitive Strategies. ...
- 5) Profit Planning. ...
- 6) Government Regulations. ...
- 7) Cost Analysis. ...
- 8) Strategic Planning.
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