Traditional Economics and Managerial Economics
Traditional Economics and Managerial Economics Relationship between Traditional Economics and Managerial Economics Micro economics is the main source of concepts and analytical tools for managerial economics. Various micro-economic concepts such as elasticity of demand, marginal cost, the short and long runs, various market forms etc. are of great significance to managerial economics. The chief contribution … Continue reading Traditional Economics and Managerial Economics
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