Which of the following is the best definition of managerial economics? Managerial economics is_____________
A. a distinct field of economic theory.
B. a field that applies economic theory and the tools of decision science.
C. a field that combines economic theory and mathematics.
D. none of the above.
Answer:B
Which of the following is the best definition of managerial economics? Managerial economics is_____________
A. a distinct field of economic theory. B. a field that applies economic theory and the tools of decision science. C. a field that combines economic theory and mathematics. D. none of the above.