Which of the following is not the subject matter of business economis
Answers
Answer:
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Explanation:
Business economics is a field of applied economics that studies the financial, organizational, market-related, and environmental issues faced by corporations. Economic theory and quantitative methods form the basis of assessments on factors affecting corporations such as business organization, management, expansion, and strategy. Studies might include how and why corporations expand, the impact of entrepreneurs, the interactions among corporations, and the role of governments in regulation
Which of the following is not the subject matter of Business Economics ?
A. Should our firm be in this business?
B. How much should be produced and at price should be kept ?
C. How will the product be placed in the market?
D. How should we decrease unemployment in the economy?
The Correct Option is...
✔ A. Should our firm be in this business?
Explanation ⦂
Whether our firm should be in this business is not a matter of business economics. The remaining three subjects are the subjects of business economics.
How much should be produced and what price should be kept for the product, is studied in business economics.
How to market the product in the market so that the product is successful is also part of business economics. How to reduce unemployment in the economy is a matter of business economics. Whether our firm should be in this business is not a matter of business economics.
Business economics is the field that deals with the issues related to the monetary market. Business economics studies needs, efforts and fulfilment.
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Know something more...
Which of the following is not macroeconomics
A. Inflation
B. Unemployment
C. The level of output in economy
D. Level of wages in govt industry
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The subject matter of economics is?
A. To ensure the economic progress of the people
B. to run business
C. to satisfy unlimited wants with limited means
D. to mobilise resources and use them
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