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kow [346]
3 years ago
7

Managerial Economics as a specialized branch of EconomicsA. Provide ready-made solutions to business problemsB. Provide logic an

d methodology to find solutions to business problemsC. Provide theoretical background to analyze business problemsD. Provide alternative answers to specific business problems
Business
1 answer:
Y_Kistochka [10]3 years ago
5 0

The correct answer is choice b.

Managerial Economics deals specifically with the application of economic concepts, theories, tools, and methodologies in order to solve practical problems in a business. This definition aligns with choice b, which is to provide logic and methodology to find solutions to business problems.

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Is it legal or ethical for an insurance agent to suggest a variable life insurance policy to an 80-year-old man? explain your an
Citrus2011 [14]
No, it is no ethical 

3 0
3 years ago
Generally, firms entering foreign markets begin with:
kirill115 [55]

Answer:

a. less risky strategies first.

Explanation:

When find enter into foreign markets their knowledge and experience in the market space is limited. They will most likely implement less risky strategies of doing business bearlier on.

As they get to understand the market dynamics of the foreign country they are more confident in doing more risky transactions.

For example they can start with local production and exporting to the foreign country first. Then later open up operations in the foreign country.

7 0
3 years ago
Read 2 more answers
Pound Industries’ customer service department follows up on customer complaints by telephone inquiry. During a recent period, th
goldfiish [28.3K]

Answer:

$85,260.

Explanation:

The Pound industries customer service department incurs $203,000 when 7,000 calls were made. The calls allocated to wholesale operations are 2,940 calls. To identify cost per call, we divide total cost by number of calls initiated.

Cost per call = $203,000 / 7000 calls

Cost per call = $29.

Wholesales operations cost = No. of calls for wholesale operation / Cost per call.

Wholesale operations cost = 2,940 calls * $29 / call

Wholesale operation cost allocated amount = $85,260.

6 0
2 years ago
Selling a good at a price determined by the intersection of the demand curve and the marginal cost curve is consistent with the
Tanya [424]

Answer: i - Socially optimal level of output

Explanation: At the point of intersection of the demand curve and the marginal cost, any quantity below this quantity, the marginal benefit to consumers overshadows the marginal cost to the producers.

4 0
3 years ago
Clydea has a coffee shop in washington,
nata0808 [166]

The fundamental driver of success has Clydea has emphasized on is speed. It could be seen in the scenario above as how she was able to take action in a faster way of having to make lattes and cappuccinos in the half time in which is a way of serving her customers in a faster way and a way of delivering quality and satisfactory performance to her customers. 

8 0
3 years ago
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