--%>

Functions and Responsibilities of managerial economist

What are the Functions and Responsibilities of managerial economist?

E

Expert

Verified

i. Sales forecasting.
ii. Market research.
iii. Production scheduling
iv. Economic analysis of competing industry.
v. Investment appraisal.
vi. Security management analysis.
vii. Advise on foreign exchange management.
viii. Advice on trade.
ix. Environmental forecasting.
x. Economic analysis of agriculture Sales forecasting.

   Related Questions in Managerial Economics

  • Q : Explain marginal I/O relationship in

    Explain the marginal input-output relationship in short run and long run.

  • Q : Income effect by personal supply of

    A personal supply of labor is exemplified by an income effect which dominates the substitution effect if: (w) Trina retires to a beach condo after working for the city for 42 years. (x) members of a rock band give up touring for a yea

  • Q : Labor Supply Curves to Competitive Firms

    A price taker within the labor market: (w) can set the wage that this will pay for the labor this hires. (x) can set the wage at which this will supply the use of its labor. (y) doesn’t care what wage this pays or receives. (z) can’t influ

  • Q : Difference between economics and

    What is the difference between economics and managerial Economic?

  • Q : Negatively sloped over wage ranges The

    The supply curve of the labor is negatively sloped over wage ranges where the: (1) the demand for leisure rises along with income. (2) leisure is an inferior good. (3) people offer more hours of labor at higher wages. (4) some people

  • Q : Features of Marginal costing Write down

    Write down the features of Marginal costing?

  • Q : Amount of labor by hiring All firms

    All firms maximize profit through hiring the amount of labor where: (w) w = MRC. (x) MRP = VMP. (y) MRC = MRP. (z) MPP = MRP. I need a good answer on the topic of Economics problems. Please give me

  • Q : Wage rate and price of leisure

    Increases within the wage rate all the time: (w) lack impact on the relative price of leisure. (x) increase the relative price of leisure. (y) decrease the relative price of leisure. (z) increase the quantity of individual labor supplies.

  • Q : Decreases in derived demands Decreases

    Decreases in derived demands are best demonstrated while: (1) illegal aliens reduce equilibrium wage rates for unskilled workers. (2) swim suit sales plummet at the ends of summer vacations. (3) undocumented construction workers begin leaving the Unit

  • Q : Illustrates the merits of scarcity

    Illustrates the merits of scarcity definition?