Which of the following statements is incorrect?
A. Business economics is normative in nature.
B. Business Economics has a close connection with statistics.
C. Business Economist need not worry about macro variables.
D. Business Economics is also called Managerial Economics.
Answer:C
Which of the following statements is incorrect?
A. Business economics is normative in nature. B. Business Economics has a close connection with statistics. C. Business Economist need not worry about macro variables. D. Business Economics is also called Managerial Economics.