Functions and responsibilities of managerial economist
States the functions and responsibilities of managerial economist?
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A managerial economist can play a significant role by assisting the management to respond the difficult problems of forward planning and decision making. Managerial economists should study external and internal factors affecting the business during taking the decisions.
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Illustrates the fundamental characters of human existence given by Lionel Robbins?
Illustrates the term economic cost concept briefly?
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answer written below is correct for the question detail exception of demand curve ?
The value to society of the additional output produced by an additional worker is the: (w) marginal resource cost of labor. (x) value of the marginal product of labor. (y) value of the average product of labor. (z) marginal physical product of labor.<
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Describes the definition of Managerial economics according to Douglas?
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