Question

2. How does the study of managerial economics help a business manager in decision-making?

Answer 1

Answer:

Managerial economics helps managers to decide on the planning and control of the benefits. Managerial Economics is synchronized between the planning and control of any institution or firm and hence its importance increases. Thus, it plays a huge role in business decisions.

Explanation:

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Answer 2

Answer:

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Managerial economics helps managers to decide on the planning and control of the benefits. Managerial Economics is synchronized between the planning and control of any institution or firm and hence its importance increases. Thus, it plays a huge role in business decisions.

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