which of the following is not a characteristic of managerial economics? *
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#Goal Oriented. ...
#Conceptual and Metrical. ...
#Pragmatic. ...
#Normative. ...
#Multi-disciplinary. That's are the characteristics of managerial economics. But where are the options?
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Which one is not a characteristics of managerial economics
A. Micro economics
B. Normative science
C. Positive science
D. Pragmatic
Answer:
Positive science is not a characteristics of managerial economics.
Explanation:
- Managerial economics focus on more compact economic.
- It aids management in analysing and anticipating market trends. Normative economics includes managerial economics.
- Microeconomics is the focus of managerial economics.
- This is so because a firm or an industry serves as the study's unit, and management economics studies the issues that arise in a corporate organisation.
- Economic management is practical. It steers clear of challenging abstract economic theory concerns and concentrates on using just those economic theories and concepts that are most helpful in resolving management decision-making challenge.
Managerial economics examines the issues and guiding principles of a certain company or sector of the economy.
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