what is managerial economics
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Managerial economics is the "application of the economic concepts and economic analysis to the problems of formulating rational managerial decisions".[1] It is sometimes referred to as business economics and is a branch of economics that applies microecono
mic analysis to decision methods of businesses or other management units.
mic analysis to decision methods of businesses or other management units.
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here is your answer is,
Managerial Economics is the application of the economic concepts and economic analysis to the problems of formulating national managerial decisions.
I hope its help you.
Managerial Economics is the application of the economic concepts and economic analysis to the problems of formulating national managerial decisions.
I hope its help you.
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