Question

Business Economics is a subject which __________.

• A. studies economic relationships
• B. studies economic activities at the aggregate level
• C. deals with the tools of economics used for decision-making in business
• D. studies optimum allocation of limited resources

Answer 1

Answer: (C)

deals with the tools of economics used for decision-making in business

Business economics is the study that deals with the business organizations and their functioning. It studies that issues and challenges that are faced by companies and organizations in the economy. It deals with the tools which the companies use for decision making in the business.