Economy, asked by naikvarshitha2002, 3 days ago

what is nature of business economics ?

Answers

Answered by kritika9rajput

2

Answer:

Usually, Business Economics is normative in nature. It offers suggestions for the application of economic principles while forming policies, making decisions, and planning for the future. However, firms must understand their environment thoroughly to establish decision rules.

Explanation:

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Answered by kaya94

1

Explanation:

Usually, Business Economics is normative in nature. It offers suggestions for the application of economic principles while forming policies, making decisions, and planning for the future. However, firms must understand their environment thoroughly to establish decision rules

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