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The article below is about some conventional ideas about what Managerial Economics is about: https://www.managementstudyguide.com/managerial-economics.htm After you are done reading the articles above, please answer

The article below is about some conventional ideas about what Managerial Economics is about:

https://www.managementstudyguide.com/managerial-economics.htm

After you are done reading the articles above, please answer the following questions:

a) How can the study of Managerial Economics help managers such as yourself?

b) Discuss the importance of blending theory and empirical analysis in studying managerial economics?

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