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Economics

How does revenue management relate to the real world of business in relation to managerial economics

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter8: Production And Costs

Section: Chapter Questions

Problem 1QP

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How does revenue management relate to the real world of business in relation to managerial economics?

Economic approach that helps managers to take business decisions. It involves the application of economic theories, models, and methods to understanding business problems and solving them.

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