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Managerial Economics Basics Quiz

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Questions and Answers

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.

Four

Three (correct)

One

Two

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?

<p>Dynamic and narrow</p> Signup and view all the answers

Which of the following is NOT a reason for the growing complexity of the business world?

<p>Decreasing demand for managerial manpower</p> Signup and view all the answers

Managerial Economics Basics Quiz

Choose a study mode

Podcast

Questions and Answers

Which of the following is NOT a factor contributing to the emergence of managerial economics?

Managerial economics has emerged as a separate branch of economics due to __________ factors.

Managerial economics is significant in decision making because it provides __________.

What is the nature and scope of managerial economics?

Which of the following is NOT a reason for the growing complexity of the business world?

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