Question

3. Who is regarded as a father of Managerial Economics?
A) Joel Dean B) Adam Smith C) JM Keynes
D) Ragnar Frisch​

Answer 1

Answer:

Adam Smith is your answer

Explanation:

Mark as brainliest

Answer 2

(a) Joel Dean is regarded as a father of manaegerial economics.

Definition of Managerial econimics;

Managerial economy-  represents the application and methods of ecnomics through managerial decision making.

Features of Managerial economics;

• Managerial economics is goal oriented and conceptualised.
• It signifies choice allocation and problem solving through managerial decision making.
• Joel Dean was the father of managerial economy in 1951.
• In his writing he reflected on the economic decisions of business managers.
• He represented his work on the basis of problem solving, organizing, analyzing, and evaluating alternatives.

Therefore, Joel Dean was the father of managerial economics concerned on the methods and evaluations of economics.