Economics gives managers a framework for understanding market demand.

Economics gives managers a framework for assessing profitability.

Economics helps managers focus on key issues.

Economics helps managers understand goal-oriented decision making.

Economics helps managers understand strategic decision making.

Economics gives managers a framework for understanding costs.

Economics gives managers a framework for understanding market demand.

Economics gives managers a framework for assessing profitability.

Economics helps managers understand risk and uncertainty.

Economics helps managers understand insurance.

Economics helps managers understand information asymmetries.

Economics helps managers deal with rapid change

Can somebody help me answer these question .

A professor records the majors of her 30 students as follows: Accounting Economics Undecided Finance Management Management Finance Marketing Economics Management Marketing Finance Marketing Accounting Finance Finance Undecided Management Undecided Economics Economics Accounting Management Undecided Economics Accounting Economics Management Accounting Economics Click here for the Excel Data File o. What is the measurement scale of these data? O Interval O Ordinal ONominal RatioQuestion 5 Economists face an obstacle that many other scientists do not face. What is that obstacle? @ It is often difficult to formulate theories in economics, It is often impractical to perform experiments in economics, The scientific method cannot be applied to the study of economics. Economics cannot be addressed objectively; it must be addressed subjectively