Economy, asked by kumarcaptain4090, 5 months ago

Why business economics is called as managerial economics ?

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Answered by SnowHeartMehak

2

Answer:

Answer:Business Economics, also called Managerial Economics, is the application of economic theory and methodology to business. Business involves decision-making. Decision making means the process of selecting one out of two or more alternative courses of action. ... Business economic meets these needs of the business firm.......

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