Question

Managerial economics mostly uses the theory of the firm and profit theory examveda

Answer 1

Explanation:

Managerial economics is a branch of economics that focuses on solving business problems by applying economic concepts and principles. Managerial economics is a subfield of economics that aims to bridge the gap between economic theory and management practise.

Managerial Economics is concerned not only with the study of basic economic principles, but also with their application in the real world.

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