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Questions and Answers
Which of the following is NOT a factor contributing to the emergence of managerial economics?
Which of the following is NOT a factor contributing to the emergence of managerial economics?
- Increasing application of economic logic in decision making
- Decreasing number of business firms (correct)
- Rapid increase in demand for managerial manpower
- Growing complexity of the business environment
Managerial economics has emerged as a separate branch of economics due to __________ factors.
Managerial economics has emerged as a separate branch of economics due to __________ factors.
- Four
- Three (correct)
- One
- Two
Managerial economics is significant in decision making because it provides __________.
Managerial economics is significant in decision making because it provides __________.
- Tools of economic analysis (correct)
- Economic theories
- Globalization
- Business strategies
What is the nature and scope of managerial economics?
What is the nature and scope of managerial economics?
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Which of the following is NOT a reason for the growing complexity of the business world?
Which of the following is NOT a reason for the growing complexity of the business world?
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