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- Computers are used to create and solve managerial decision models. O True O False5) What other business disciplines are related to Managerial Economics?Microeconomics II is the most fun course you ever took. Explain? A profit-maximizing competitive firm uses just one input, x. Its production function is q= 4(x)^1/2. The price of out-put is $28 and the factor price is $7. The amount of the factor that the firm demands is?
- Managerial economics is largely independent of the internationalization of economic activity. a. True b. FalseManagerial economics as tools for decision making. Discuss Explain the short-run and long-run equilibrium under perfect competition and monopoly market.what are the two most significant issues that occur for the current marginalist theory of the company when the firm employs constant-returns-to-scale (CRS) technology? Please answer correctly.