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Characteristics of managerial Managerial economics?

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Answer:

It is mostly Micro economics and sometimes Macro economics
It is application of economics in business management
It helps to seek cost effective solutions hence it is normative in approach
it is pragmatic in nature
It is prescriptive in approach

First answer by ID0036766828. Last edit by ID0036766828. Question popularity: 4 [recommend question].

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