Question

nature and scope of managerial economics.​

Answer 1

$\huge\underline\mathfrak\red{Answer}$

Nature and Scope of Managerial Economics. It is a science as well as art facilitating better managerial discipline. It explores and enhances economic mindfulness and awareness of business problems and managerial decisions. It is concerned with firm's behaviour in optimum allocation of resources.

Thanks❤❤

Answer 2

Answer:

Managerial Economics : Definition, Nature, Scope.Managerial economics is a discipline which deals with the application of economic theory to business management. It deals with the use of economicconcepts and principles of business decision making.