Module 1: Fundamentals of Managerial Economics

1.1 Use of Managerial Economics subject for a firm in Decision Making

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Clues

1. -------------------- considers how an optimal decision is affected if key economic proof or condi
2. one should always consider the positive and negative business ---- -------- and should favour the
3. a private company can compute the -------- results of substitute price and output plans
4. The important goal of a private enterprise is to --- --- profits.
5. decision making process is to set up the ---------- ----- of the business firms.