--%>

Functions and Responsibilities of managerial economist

What are the Functions and Responsibilities of managerial economist?

E

Expert

Verified

i. Sales forecasting.
ii. Market research.
iii. Production scheduling
iv. Economic analysis of competing industry.
v. Investment appraisal.
vi. Security management analysis.
vii. Advise on foreign exchange management.
viii. Advice on trade.
ix. Environmental forecasting.
x. Economic analysis of agriculture Sales forecasting.

   Related Questions in Managerial Economics

  • Q : Wealth definition of economics Who is

    Who is the father of economics and what is wealth definition of economics?

  • Q : Illustrate when Price is greater than

    Suppose that price is greater than average variable cost. When a perfectly competitive seller is producing at an output therefore price is $11 and the marginal cost is $14.54, in that case to maximize profits the firm must: w) continu

  • Q : Profit Maximization in Labor Market and

    As a firm is a pure competitor in both the labor market and during the sale of its product, this will hire labor where: (w) profit is maximized. (x) marginal revenue product = marginal resource cost. (y) wage = value of the marginal product. (z) All o

  • Q : Succeed and surviving of a cartels A

    A cartel is more likely to succeed and survive when: (w) members respond to incentives to cheat. (x) fringe producers are not members. (y) total market demand is less elastic. (z) close substitute goods are simply developed.

    Q : Move downward demand for labor The

    The demand for labor would move downward like a consequence of: (w) grocery stores buying fewer automatic check-out touchpad computers, and in place of relying more heavily on cashiers to ensure friendly interactions along with customers. (x) declines

  • Q : Persuade competitors by cartel member

    When a cartel member can persuade competitors to keep the cartel price but secretly give a discount price to certain customers, profits will rise: (w) for all members of the cartel. (x) since price cuts are only given to assigned customers. (y) as a result of an incre

  • Q : Costs of investing in human capital The

    The costs of investing in human capital are probably to be borne through an employer when the human capital is: (1) general. (2) marginal. (3) precise. (4) generic. (5) specific. Can someone explain/help me with be

  • Q : Explain important specific functions of

    Explain the important specific functions of material economics?

  • Q : Techniques of economic forecasting

    Illustrates the techniques of economic forecasting in briefly?

  • Q : Illustrates the important areas of

    Illustrates the important areas of managerial economics as a tool for decision making?