1- Managerial economics is about the application of economic theory and methods to business decision-making. Explain !!

2- Weather, rainfall, temperature are important in affecting the demand. Explain !!

3- The firm can be considered to be a multi-product firm, in which case the prices of its other products are also relevant since they are often substitutes or complements. Explain !!

4- Identify the main factors affecting the demand for steel in Kuwait. Explain !!

5- The effectiveness of the firm's advertising is important for the firm and so is the amount that would be spent on advertising. Explain !!

6- Describe the factors currently driving the world demand for oil; why has the price not fallen below the $50 level as many expected? Explain !