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Managerial economics can be applied to the non-profit organizations too because it help them in organizing, and controlling their resources.
Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.
<h3>What is
Managerial economics?</h3>
Managerial economics is an area of economics that is used for staffing, as well as controlling the resources of the organization.
With Managerial economics , one can carry out:
- planning
- directing
- organizing
In this case, Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.
Learn more about Managerial economics at:
brainly.com/question/15050855
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Answer:
False
Explanation:
In a perfectly competitive market the sales revenue is based on pricing also. As the pricing policy also plays an important role in the marketing technique to attract customers.
As the quality served is generally the same in the market, there is no issue in that but when the price is reduced expected sales will increase and accordingly the expected revenue also increases.
As the sales is expected to increase the revenue will also increase accordingly, even though the price is reduced, due to increase in sales quantity the expected change shall not be same as that of the change in price.
Thus, the statement is False.
Your answer would be, The <ol> and </ol> tags must be at the start, and end of an ordered list.
<OL> and </OL>
Hope that helps!!! Hope that was one of the choices given, since you haven't put any choices, so I'm guessing.
Hope that helps!!!! ( Answer: <ol> and </ol> )
A market mix is the blending of four marketing elements product, distribution price and promotion
