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Equips readers with the necessary fundamental knowledge and advanced skills to succeed in small firm and business settings. This book includes topics within finance, such as small business management, and entrepreneurship to develop and maintain prosperous business ventures. It prepares readers for the challenges of today's economy.
Uncertainty is present in every managerial decision, and Managerial Economics: A Mathematical Approach effectively demonstrates the application of higher-level statistical tools to inform and clarify the logic of problem solving in a managerial environment.
This concise book puts the focus on financial problem solving using readily accessible mathematical methods as tools for understanding. Selected formulae are used to illustrate and clarify the underlying logic of problem solving and to provide readers with additional opportunities to enhance their understanding of financial problems.
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