Question
Which among the following is a branch of economics
involving the application of economic methods in the managerial decision-making process?Solution
Managerial Economics is a branch of economics involving the application of economic methods in the managerial decision-making process. Managerial economics is used to find a rational solution to problems faced by firms. These problems include issues around demand, cost, production, marketing, and it is used also for future planning.
What data structure is commonly used to implement a graph's adjacency list?
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State true or false
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The major drawback of RAD model is __________.
