Economy, asked by vicky6662, 4 months ago

show the relations between economics and managerial economics

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Answered by diyabhana

Answer:

Relationship with economics:

Managerial economics is rooted in Micro Economic theory. Managerial Economics makes use to several Micro Economic concepts such as marginal cost, marginal revenue, elasticity of demand as well as price theory and theories of market structure to name only a few.

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