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Explain important question regarding managerial economics

Illustrates the important question regarding the managerial economics?

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The significant questions to be answered through the managerial economists consist of:

1. Is competition probably increase or decrease?
2. What are the population moves and their affect in purchasing power?
3. Will the price of raw materials raise or reduce? And many more...
4. Managerial economist can also assist the management in taking decisions about internal operation of the firm.

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