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because the main activity of managers are managing economics resource such as human, time, money, talent etc. all thos resource are limitted or scarce in their nature. the main goal of manager is to maximum profit from their activities to maximize this profi assemblies of factor of production for the purpose of producing goods and services to make maximum profit requires. Economic concept that are concerned with the allocation of resources and choose of alternatives tha gives maximum profi to the organization they manage.

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