The single most important element in managerial economics is the microeconomic theory of the firm
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The single most important element in managerial economics is the microeconomic theory of the firm. A theoretical model attempts to identify every possible determinant of an event. Managerial economics involves the application of economic theory and decision science.
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The single most important element in managerial economics is the microeconomic theory of the firm. A theoretical model attempts to identify every possible determinant of an event. Managerial economics involves the application of economic theory and decision science.
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