--%>

Where managerial economics treat as a tool

Where managerial economics treat as a tool?

Answer: Managerial economics is like a tool for decision making and forward planning.

   Related Questions in Managerial Economics

  • Q : Define Cost Volume-Profit relationship

    Describe briefly Cost Volume-Profit relationship?

  • Q : States the implicit cost concept briefly

    States the implicit cost concept briefly.

  • Q : Supply of certain types of labor The

    The supply of certain types of labor is determined through the: (w) skills of potential workers. (x) the availability of other workers. (y) the prices of output. (z) production technology. I need a good answer on the topic of

  • Q : Value of the Marginal Product and

    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.<

  • Q : Illustrates the pricing policy and

    Illustrates the pricing policy and practices?

  • Q : State the laws of production State the

    State the laws of production.

  • Q : Which term not used to calculate

    The entire given can be used to calculate average profit except: w) marginal profit minus marginal cost. x) total profit divided by quantity. y) average revenue minus average total cost. z) price minus average total cost.

  • Q : Define the areas of Scope of Managerial

    Define the areas of Scope of Managerial /Business Economics?

  • Q : Increment in demand raises the

    An increase within the demand for Swiss cheese will absolutely raise the equilibrium as:  (w) price when the supply of Swiss cheese shrinks over the same period. (x) quantity when the supply of cheese shrinks during the same peri

  • Q : Lower Wage Differentials in Occupation

    If all else regarding two occupations are relatively equal, then wages tend to be lower for jobs which: (1) require important education and training. (2) expose the worker to bad weather. (3) require extended periods away from home. (4) pose health and safety hazards