Economy, asked by bhumipatoliya1370, 5 hours ago

It does not include the basic economic tools of managerial economics

Answers

Answered by lICuteJimmyIl

16

Answer:

Tools Used in Managerial Economics

Opportunity Cost Principle. The Opportunity Cost Principle is concerned with the cost of the next best alternative of the good we are buying or opting for. ...

Incremental Principle. ...

Principle of Time Perspective. ...

Discounting Principle. ...

Equi-Marginal Principle.

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