economic theory
PREPARE A CONCISE RESPONSE FOR EACH OF BETWEEN 1-2 PAGES, EXCLUSIVE OF CITATIONS, IF ANY.
How would a manager use economic theory to maximize profit price for a service or product?
In engaging in due diligence for any investment, what types of factors and issues might you focus on? Are there "levels" of due diligence?
………………Answer preview…………..
Economic theory helps managers in describing and understanding business problems by use of simplifying assumptions. These problems may include abstract of irrelevant ideas or information such that they can turn into complexity into relative simplicity……………………….
APA
735 words
