Exam (elaborations)
GMS 402 Final Exam (Managerial Economics Final Exam Notes) with Complete Solutions!!
- Module
- Institution
Managerial Economics - ANSWER-The study of how to direct scarce resources in the way that most efficiently achieves a managerial goal How to calculate economic profit - ANSWER-= accounting profit - opportunity cost Basic Principles compromising effective management - ANSWER--Identifying goals...
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