“Both microeconomics and macroeconomics are useful to managerial economics.”. Examine the statement. (15 marks)
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are useful to managerial economics.”.
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Managerial Economics applies the theories of Micro Economics to resolve the issues of the organization and for decision making. All Managers want to carry out their function of decision making with maximum efficiency. ... Micro Economic Analysis is important as it is applied to day to day dilemma and concerns.
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