What role does the managerial economist play inbusiness?
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Answer:
he does two basic tasks that is making decisions and processing infromation. although both these tasks are practically inseparable yet these two are separated for analytical purposes. that is the managerial economist must be able to obtain process and use infromation so as to make intelligent decision . the above two tasks can be done by two general forms 1. specific decision 2. general assignment
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