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Hello expert tutor find attached the picture of the question and i do not know how to edit the picture kindly ignore the wordings or marks shown in the picture

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Ame Managing Director for an organization for which you are a consultant has just returned from a management workshop. At the workshop, he overheard a group of directors discussing the need for Board of Directors to create managerial economist positions within their organizations. He has called you in his office and has asked you to generate a report in which you are required to. a) Explain who a managerial economist is (3 marks) Explain the scope of managerial economics (2 marks) Explain the difference between positive economics and normative economics, and identify under which distinction managerial economics falls (3 marks) Briefly explain six (6) characteristics / nature of managerial economics (6 marks) e) Provide two reasons why his organization may need to recruit a managerial economics (2 marks) Required You are required to write a report to the Managing Director in which you are required to provide the information the Managing Director has requested for as detailed above. You are required to pay attention to the report format. Report format (4 marks) Total marks: 20 marks

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