Managerial economics theory and practice phần 1 ppt

... Market Demand 10 6 The Market Demand Equation 11 0 Market Demand Versus Firm Demand 11 2 The Law of Supply 11 3 Determinants of Market Supply 11 4 The Market Mechanism: The Interaction of Demand and Supply ... Jensen, 19 83a, 19 83b; Grossman and Hart, 19 83; Harris and Raviv, 19 78; Holstrom, 19 79, 19 82; Jensen and Meckling, 19 76; MacDonald, 19 84; and Shavell, 19...

Ngày tải lên: 14/08/2014, 22:21

... P* = $10 and Q* = 12 5 is c. Figure 8.3 diagrams the answers to parts a and b. p* ** *. * . ,,.$. =- =-++ () = () -+ () + () [] =- = TR TC PQ Q Q100 5 0 02 10 12 5 10 0 5 12 5 0 02 12 5 1 250 1 037 ... between total revenue and total cost, both of which are functions p*, ,, , $, ., $, =- + () - () = = () = 10 000 10 020 1 000 10 1 000 10 000 0 15 10 000 1 500 2 Ro...

Ngày tải lên: 14/08/2014, 22:21

... 8(7.6) = 21. 2 b. p=TR - TC = 7.6( 21. 2) - 8 - 21. 2 - 0.05( 21. 1) 2 = 16 1. 21 - 8 - 21. 2 - 22.47 = 10 9.45 c. P = 10 .25 - Q 1 TR 1 = 10 .25Q 1 - Q 1 2 MR 1 = 10 .25 - Q 1 = 10 .25 - ( 21. 2) = 4.95 P = 14 .67 ... 212 = () - () Pf PP TC PP,, p 11 112 11 2 = () - () PfPP TC PP,, TR P f P P 22 212 = () , TR P f P P 11 112 = () , QfPP 2 212 = () , QfPP 11 12 = ()...

Ngày tải lên: 14/08/2014, 22:21

... D,, ==+ =Æ =Æ =Æ ÂÂÂ 11 1 QabP D =+ QQQ aaabbbP DDD,, ,12 312 312 3 ++=++ () +++ () QabP D,3 3 3 =+ QabP D,2 2 2 =+ QabP D ,1 1 1 =+ the market demand curve 10 3 PPPP Q 1 Ј Q Market demand Q 2 Ј Q 3 Ј QЈ PЈ FIGURE ... <40 ∂ ∂ ∂ ∂ ∂ ∂∂ 2 1 2 2 2 2 2 12 2 11 22 12 2 0 y x y x y xx ff f Ê Ë ˆ ¯ Ê Ë ˆ ¯ - Ê Ë ˆ ¯ =-> ∂ ∂ 2 2 2 22 0 y x f=> ∂ ∂ 2 1 2 11 0 y x f=> ∂ ∂...

Ngày tải lên: 14/08/2014, 22:21

... P P 2 1 1 2 1 3 1 3 2 500 1 000 0= () => , dQ dP P 1 1 1 2 500 0=- < Q P 2 2 500 = Q P 1 1 500 = Q M P 1 1 2 = =+=PQ PQ PQ 11 11 11 2 MPQ P P P Q=+ Ê Ë ˆ ¯ 11 2 1 2 1 Q P P Q 2 1 2 1 = Ê Ë ˆ ¯ Q Q P P 2 1 1 2 = U U P P 1 2 1 2 = Q 1 100 * = 5 ... 0 0 17 0 -10 0. 014 -0 .14 70 260 -10 0.033 -0.33 12 0 350 -10 0.060 -0.60 15 0 440 -10 0 .10 0 -1. 00...

Ngày tải lên: 14/08/2014, 22:21

... = 1, For K = L = 2, Q = () () = ()() =20 2 2 20 1 516 1 414 42 872 06 05 . Q = () () = ()() =20 1 1 20 1 1 20 06 05 Q =+ () + () =++ =10 0 3 2 2 2 10 0 6 4 11 0 Q =+ () + () =++ =10 0 3 1 2 1 100 ... 8 ,10 0.00 6,400.00 4,900.00 8 7,290.00 5 ,12 0.00 3,430.00 16 6,5 61. 00 4,096.00 2,4 01. 00 32 5,904.90 3,276.80 1, 680.70 64 5, 314 . 41 2,6 21. 44 1, 176.49 12 8 4,782...

Ngày tải lên: 14/08/2014, 22:21

... is, (11 .39) where the constant k > 0. Solving Equation (11 .33) for P 1 and P 2 yields (11 .40a) (11 .40b) Substituting Equation (11 .39) into Equations (11 .13 ) and (11 .40b) yields (11 . 41) (11 .42) Substituting ... Q Q QQ QQ Q QQ QQ QQ 11 22 1 2 11 2 2 2 11 2 22 2 12 2 20 2 10 0 5 10 5 20 2 10 0 5 10 5 PQ 22 10 0 5=- PQ 11 20 2=- TC Q= +10 5 2 QP 22 20 0 2=...

Ngày tải lên: 14/08/2014, 22:21

... YTM nn V PMT YTM PMT YTM PMT YTM M YTM PMT YTM M YTM B nn tn tn = + () + + () ++ + () + + () = + () + + () =Æ 11 1 1 11 12 1 S Methods for Evaluating Capital Investment Projects 519 + Ϫ 12 345 t YTM = 0.08 6789 10 11 12 $10 0 $10 0 $10 0 $10 0 $10 0 $10 0 $10 0 $10 0 $10 0 $10 0 $10 0 $1, 000 $10 0 $92.539 85.733 79.383 73.503 68.058 63. 017 58.349 54.027 50.025 46. 319 42....

Ngày tải lên: 14/08/2014, 22:21

... $95.83 $45.83 $4 .17 ӇӇ Ӈ Ӈ Ӈ 5 Buyer 4 Seller $84. 91 $34. 91 $15 .09 3 Buyer $83 .16 $33 .16 $16 .84 2 Seller $84.84 $34.84 $15 .16 1 Buyer $83 .10 $33 .10 $16 .90 worker performance or they can trust employees ... Ev i - () [] {} = Ê Ë ˆ ¯ - () [] = = Ê Ë ˆ ¯ - () [] +- () [] ++- () [] { = Ê Ë ˆ ¯ - () +- () +- () +- =Æ Â 2 12 2 2 1 2 2 2 6 2 222 1 1 1 6 13 5 235 335 4 s 3...

Ngày tải lên: 14/08/2014, 22:21

... Principles and Extensions, 6 th ed. (Font Worth: The Dryden Press, 19 95), Chapter 3. 0 Tails Heads A (0, 2000) B (500, 15 00) C (10 00, 10 00) D (2000, 0) 1, 000 1, 000 1, 500 500 FIGURE 14 . 21 Fair-odds ... endowment. 670 Risk and Uncertainty 0 S 1 S 0 I 0 I 1 I 2 I 1 45Њ C A B C FIGURE 14 .23 Indifference map of risk-neutral preferences. 0 S 1 S 0 I 0 I 1 I 2 I Ϫ 1...

Ngày tải lên: 14/08/2014, 22:21