define managerial economics?
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Managerial economics is the "application of the economic concepts and economic analysis to the problems of formulating rational managerial decisions". ... As such, it bridges economic theory and economics in practice. It draws heavily from quantitative techniques such as regression analysis, correlation and calculus.
Harwinderbrar952:
thx for answer
Answered by
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Managerial economics is the "application of the economic concepts and economic analysis to the problems of formulating rational managerial decisions". ... As such, it bridges economic theory and economics in practice. It draws heavily from quantitative techniques such as regression analysis, correlation and calculus.
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