Question

4. Basic economic tools of managerial economics does not include
A) Principle of time perspective
B) Equi-marginal principle
C) Incremental principle
D) None of these​

Answer 1

Explanation:

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The correct option is

"C) lncremental Principle "

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Answer 2

Basic economic tools of managerial economics does not include

A) Principle of time perspective

B) Equi-marginal principle

C) Incremental principle

D) None of these​

The correct answer:

D) None of these​

Explanation:

The basic economic tools of managerial economics include none of the given options.

Managerial economics refers to a specific branch of economics, with the help of which there is help in making prudent managerial decisions in any organization.

Managerial economics is the integration of economic principles and business practices, which provides managers with the ability to make decisions and help them plan for the future.

Managerial economics is also called business economics or economics of firms.

Managerial economics does not include the principle of time perspective, time frame principle and incremental principle.

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