Business Studies, asked by annepones20, 12 days ago

Why managerial economics or studying economics is important to business?

Answers

Answered by BlackDevil592

Answer:

Study of Managerial Economics helps in enhancement of analytical skills, assists in rational configuration as well as solution of problems. ... Managerial Economics is of great help in price analysis, production analysis, capital budgeting, risk analysis and determination of demand.

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