Question

what is managerial economics ???????​

Answer 1

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Managerial Economics can be defined as amalgamation of economic theory with business practices so as to ease decision-making and future planning by management.

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Answer 2

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Managerial economics is a stream of management studies that emphasizes primarily solving business problems and decision-making by applying the theories and principles of microeconomics and macroeconomics. It is a specialized stream dealing with an organization's internal issues by using various economic theories.

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