Identify different scope areas of managerial economics? – InterviewSolution

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1.	Identify different scope areas of managerial economics?
Answer» Scope of Managerial Economics Demand Analysis and Forecasting: The foremost aspect regarding its scope is in demand analysis and forecasting. ...Cost and PRODUCTION Analysis: A FIRM's PROFITABILITY depends much on its costs of production. ... Pricing Decisions, Policies and Practices: Profit MANAGEMENT Capital Management:

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