Question
In summarizing your experience with the concepts covered in this course, which do you think you will most practically apply and why? Indicate what concepts
- In summarizing your experience with the concepts covered in this course, which do you think you will most practically apply and why?
- Indicate what concepts of managerial economics and decision making you believe you will need to emphasize now and in the future. Why?
Course Name: MANAGERIAL-ECONOMICS-BUS-7500
Concepts:
The relationship between variable, fixed and Opportunity cost
difference between accounting and economic profit
Sunk cost fallcy
Marginal analysis
Simple Pricing concept
Economies of scales
Competition
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The Vendor Management Office
Authors: Stephen Guth
1st Edition
1435703839, 978-1435703834
