Economy, asked by proronu, 5 months ago

how does economic theory contribute to managerial decisions

Answers

Answered by Anonymous

Answer:

Through economic theory, managers are able to make managerial decisions based on the knowledge about economies of scale. In economies of scale, managers are able to make profits while minimizing cost of production and maintaining price level.

Previous Question

Next Question

Similar questions

Chemistry, 2 months ago

solution, salt solution. 250 g of washing soda was dissolved in 1 kg of water. Find the concentration of the solution in terms of mass percentage.

Math, 2 months ago

6xy square +2y square x is equal to...

Science, 2 months ago

what are chemical reaction...

Computer Science, 5 months ago

who is known as the father of computers...

Science, 5 months ago

the temperature of air, higher is ii. Find the odd one out. INSAT, GSAT, EDUSAT, IRNSS...

History, 11 months ago

can i please get these answers?

CBSE BOARD X, 11 months ago

distinguish between potential resource and reserve? I'll mark as branliest ...

Math, 11 months ago

A number is greater than 5 times of its reciprocal by 19/2. find the number...

how does economic theory contribute to managerial decisions​

Answers

how does economic theory contribute to managerial decisions