Jultiple Choice Quiz
1. Which of the following is the best definition of managerial
economics? Managerial economics is
a. a distinct field of economic theory.
b. a field that applies economic theory and the
tools of decision science.
c. a field that combines economic theory and
mathematics.
d. none of the above.
Answers
Answered by
0
Answer:
a)a distinct field of economic theory
Answered by
0
Answer:
The answer is (b)
Explanation:
Managerial economics deals with the application of the economic concepts, theories, tools, and methodologies to solve practical problems in a business. In other words, managerial economics is the combination of economics theory and managerial theory.
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