What are the qualitative fundamentals


Problem

1. What are the qualitative fundamentals and why are they important to know for the study of managerial economics?

2. How different is managerial economics from economics and how is it related to both microeconomics and macroeconomics?

3. What is opportunity cost? Is it one of the important considerations for economists?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What are the qualitative fundamentals
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