Question No. 5
The definition of Business Economics "Consists of giving direction to the Firms
"कंपन्याना संसाधन च्या उद्देशाने दिशा देण्यासाठी " कोणी दिली आहे?
Resource" is given by? / व्यवसाय अर्थशास्त्रची व्याख्या
ORichard Mariam / रिचर्ड मरियम
OChistopher Savage and John R. Small/ क्रिस्टिओफर सेवेज आणि जॉन आर. स्मॉल
Malcolm Mcnair / मॅल्कम मॅकनायर
O Stonier and Hague /स्टोनियर आणि हेग
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Answer:
Business Economics, also called Managerial Economics, is the application of economic theory and methodology to business. Business involves decision-making. Decision making means the process of selecting one out of two or more alternative courses of action. ... Business economic meets these needs of the business firm.
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