Managerial economics must consider the particular environment of examveda
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Managerial economics is related to the values.
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It is related to values.
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This economics is related to application of the economic concepts that helps in solving the particular business problems. It helps the business manager to make a decision that acts as a connection between theory and practice. It is also called as business economics. This economics help in solving managerial problems and such problems can be related to different kinds of departments. For example- In production, sales and accounts.
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