Economic theories that the financial manager must be able to utilize for efficient businessoperations, include
A) marginal analysis.
B) supply-and-demand analysis.
C) profit-maximizing strategies.
D) all of the above.

Question

Quizplus · Accepted Answer

The financial manager must be able to utilize all of these economic theories in order to make efficient business decisions. Marginal analysis involves analyzing the costs and benefits of small incremental changes, supply-and-demand analysis is critical for determining pricing strategies, and profit-maximizing strategies are essential for maximizing the company's profitability.

Economic Theories That the Financial Manager Must Be Able to Utilize