Business Studies, asked by maheshbommishetty82, 1 month ago

define mangrial economics? decribe it's scope importance and partical significance.

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Answered by parikshit17

2

Answer:

Managerial economics is a discipline which deals with the application of economic theory to business management. It deals with the use of economic concepts and principles of business decision making. Formerly it was known as “Business Economics” but the term has now been discarded in favour of Managerial Economics.

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