Managerial economics theory and practice phần 3 pps

... - - - - 66 66 2 3 66 44 44 2 22 22 10 648 66 22 1 22 66 66 22 3 13 23 13 13 13 13 3 13 13 13 13 , Using Elasticities in Managerial Decision Making 181 dQ dP P P 2 2 2 2 2 3 2 3 2 500 1 000 0= () => , dQ dP P 2 2 2 2 500 0=- ... 48 2 $$ $$ e e p p P P = () =- Ê Ë ˆ ¯ = - =- = () =- Ê Ë ˆ ¯ = - =- $. $. 43 4 13 12 13 0 9 23 33 3 16 9 16 0 5 63 e p = Ê Ë ˆ ¯ Ê Ë...

Ngày tải lên: 14/08/2014, 22:21

... (6.17), b. The first unit will require $5,000/$15 = 33 3 .33 labor hours.When 120 units are produced, the per-unit labor requirement is $1, 037 /$15 = 69. 13 labor hours. LONG-RUN COST In the long run all ... 4,900.00 8 7,290.00 5,120.00 3, 430 .00 16 6,561.00 4,096.00 2,401.00 32 5,904.90 3, 276.80 1,680.70 64 5 ,31 4.41 2,621.44 1,176.49 128 4,782.97 2,097.15 8 23. 54 256 4 ,34 0.67 1,6...

Ngày tải lên: 14/08/2014, 22:21

... Introduction Contents 1 Introduction What is Economics 1 Opportunity Cost 3 Macroeconomics Versus Microeconomics 3 What is Managerial Economics 4 Theories and Models 5 Descriptive Versus Prescriptive Managerial Economics 8 Quantitive ... 44 2 10 2 236 3 112 1 149 79 952 05 03 02 . Q = ()()() = ()()() = 10 3 5 50 2 10 1 871 3 233 1 149 69 502 05 03 02 . . million...

Ngày tải lên: 14/08/2014, 22:21

... aaabbbP DDD,, ,1 231 231 23 ++=++ () +++ () QabP D ,3 3 3 =+ QabP D,2 2 2 =+ QabP D,1 1 1 =+ the market demand curve 1 03 PPPP Q 1 Ј Q Market demand Q 2 Ј Q 3 Ј QЈ PЈ FIGURE 3. 2 The market demand curve is ... demand curve. Summing together Equations (3. 2) we get (3. 3) or (3. 4) where a = a 1 + a 2 + a 3 and b = b 1 + b 2 + b 3 . In general, for the n-consumer case (3. 5) w...

Ngày tải lên: 14/08/2014, 22:21

... 500 2 QPA=- Ê Ë ˆ ¯ + Ê Ë ˆ ¯ 20 3 1 3 10 3 TR =- ()( [] =- () = () =20 3 2 2 20 6 2 14 2 28$ TR Q Q=- () =- () [] =- () =20 3 20 3 3 33 3 3 333 20 10 3 333 33 33 3 .$. Constrained Optimization: ... profit maximization. dTR dQ Q Q Q =- = = = 20 6 0 620 3 333 *. TR PQ Q Q== -20 3 2 P =- () =-=20 3 2 20 6 14 AR TR Q QQ Q QP== - =- = 20 3 20 3 2 p= () - () =-=20 2 5 2...

Ngày tải lên: 14/08/2014, 22:21

... + () =200 232 67 32 67 6 932 p p 1 2 2 2 196 32 67 2 32 67 2 32 67 32 67 2 134 196 32 67 2 32 67 2 32 67 32 67 2 134 *. . $, *. . $ , = () - () - ()() = = () - () - ()() = QQ 12 65 34 **.== QQ 12 32 67**.== QQ QQ 12 21 49 ... Q B 1 1 / 2 Q*0 1 / 2 Q* 2 1 / 2 Q* 1 / 4 Q* 3 / 4 Q* 3 3 / 8 Q* 1 / 4 Q* 5 / 8 Q* 4 3 / 8 Q* 5 / 16 Q* 11 / 16 Q* 5 11 / 32 Q* 5 / 16 Q* 21 / 32...

Ngày tải lên: 14/08/2014, 22:21

... W. J., and J. I. Yellen. “Commodity Bundling and the Burden of Monopoly.” Quarterly Journal of Economics, 90 (August 1976), pp. 475–498. Baye, M. R., and R. O. Beil. Managerial Economics and Business ... other, that 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. 1...

Ngày tải lên: 14/08/2014, 22:21

... Projects 531 TABLE 12. 13 Net Present Value Profile for Project A k NPV 0.00 -$1,000.00 0.25 -40.00 0.27 0.00 0.50 33 3 .33 1.00 500.00 1.50 440.00 2.00 33 3 .33 2.50 224.49 3. 00 125.00 3. 50 37 .04 3. 76 ... 519 + Ϫ 1 234 5 t YTM = 0.08 6789 10 11 12 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $1,000 $100 $92. 539 85. 733 79 .38 3 73. 5 03 68.058 63. 017 58 .34 9 54...

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 ... Adam should accept. Adam’s and Andrew’s gains from trade are $26 .33 and $ 23. 67, respectively. The reader might suspect that if this process is continued, eventually And...

Ngày tải lên: 14/08/2014, 22:21

... FHE 1 2 33 8 50 250 39 6 30 7 50 3 916 125 $,. Area GHE =- () - () = ()() = 1 2 32 0 8 250 39 6 30 7 50 1 2 70 8 88 5 3 132 90 $,. Area FGE =- () - () = 1 2 33 8 50 32 0 80 39 6 30 7 50 7 83 225 .$. Q = 30 7 ... performance and has determined that the standard deviation of returns is $3. 50 per share. Mat’s investment utility equation is where k p and s p are the portfolio...

Ngày tải lên: 14/08/2014, 22:21