21. Define Managerial Economics. 22. Mention any two importance of - TopicsExpress

21. Define Managerial Economics. 22. Mention any two importance of Managerial economics. 23. What do you mean by decision making? 24. List out the objectives of business decisions. 25. What is a decision model? 26. What is business economics? 27. Is managerial economics micro or macro economic in nature? 28. State the economic theories applied to business analysis. 29. Concept of Time Perspective. 30. Opportunity Cost Concept.

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