Managerial economics cannot be used to identify:

Question

Quizplus · Accepted Answer

Managerial economics can be used to identify how macroeconomic forces affect the organization, ways to efficiently achieve the organization's goals, and the microeconomic consequences of managerial behavior. However, the goals of the organization cannot be identified through managerial economics as they are typically set by top-level management and reflect the overall values and mission of the organization.

Managerial Economics Cannot Be Used to Identify