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Everyone studying Economics.
Wiki User
∙ 9y ago
Wiki User
∙ 13y agoeveryone studying economics
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Managerial economics is an art or science.explain?
Both! The ideas and concepts behind managerial economics all have a scientific basis. Some managerial decisions made using managerial economics can employ scientific explanations. On the other hand, many managerial decisions made using the concepts of managerial economics are very subjective. One must, for example estimate the intentions of competitor firms. While some of this is scientific, some of it is luck and some of it is an art.
Importance of home economics in the lives of both men and women?
i dont know you must answer it
How are micro and macro economics complementary to each other?
From what i know the macro and micro economics are complementary into gross national income since in order to find national income both must be applied so that to know the total nation income.
Economics is a science of wealth?
In simple words it is a twin theme of Economics or i think it is best definition of Economics as followingGoods are scarce and our Society must use it Efficiently.scarcity-insufficient of resources like land,labour,and capital.efficiency-maximum use of resources.
In economics all good and services that must be made by?
workers
Who must the scientific definitions of economics?
everyone studying economics
Who must know all thescientific definitions of economics?
Everyone studying economics
What to the scientific definition for work what must happen in order for work to be accomplished?
motion
According to the scientific definition for work what must happen in order for work to be accomplished?
motion
Managerial economics is an art or science.explain?
Both! The ideas and concepts behind managerial economics all have a scientific basis. Some managerial decisions made using managerial economics can employ scientific explanations. On the other hand, many managerial decisions made using the concepts of managerial economics are very subjective. One must, for example estimate the intentions of competitor firms. While some of this is scientific, some of it is luck and some of it is an art.
Importance of home economics in the lives of both men and women?
i dont know you must answer it
How do you know that evolution is a theory?
It is a well-established, well-tested, well-supported, comprehensive model for the explanation of a well-defined set of observations in various branches of science. That is the definition of what a scientific theory must be, and thus evolutionary theory is a scientific theory.
What is the scientific?
Science is by definition scientific, much as beauty is by definition beautiful. However, there are pseudo-scientific theories which pretend to be scientific when they really are not. To be truly scientific, a given theory must be based upon honesty, accurate observation, and logical reasoning. Those are the foundations of science.
How are micro and macro economics complementary to each other?
From what i know the macro and micro economics are complementary into gross national income since in order to find national income both must be applied so that to know the total nation income.
According to the scientific definition of work what must take place for work to be done?
Work to be done "scientifically" the product of Force and Displacement (FD) must be other than zero.
How do you ask a scientific questions?
Asking a scientific question is easy if u no how to use the internet.And you must know how to take the problems correctly.
Economics is a science of wealth?
In simple words it is a twin theme of Economics or i think it is best definition of Economics as followingGoods are scarce and our Society must use it Efficiently.scarcity-insufficient of resources like land,labour,and capital.efficiency-maximum use of resources.
