Managerial economics theory and practice phần 6 pptx

... + () =200 23 267 3 267 69 32 p p 1 2 2 2 1 96 32 67 2 32 67 2 32 67 32 67 2 134 1 96 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 ... 125 d dQ Q p =- =65 8 0 p= - = - - + - =- + -TR TC Q Q Q Q Q Q600 3 100 5 100 65 4 22 2 TR PQ Q Q Q Q==- () = -60 3 60 3 2 PQ= -60 3 Long-Run Monopolist...

Ngày tải lên: 14/08/2014, 22:21

... Q=- Ê Ë ˆ ¯ È Î Í ˘ ˚ ˙ =- Ê Ë ˆ ¯ 50 1 60 50 1 60 2 PQ=-50 1 60 TR PQ= MR MC= TC Q Q=++100 5 1 480 2 QP D =-3 000 60 , 3 36 Market Structure: Perfect Competition and Monopoly electricity because of ... Microeconomic Theory. New York: McGraw-Hill, 1978. Nicholson, W. Microeconomic Theory: Basic Principles and Extensions ,6 th ed. New York: Dryden Press, 1995. Silberberg, E. The...

Ngày tải lên: 14/08/2014, 22:21

... Ignorance 65 6 Market Uncertainty and Insurance 66 4 Chapter Review 67 7 Key Terms and Concepts 67 9 Chapter Questions 68 1 Chapter Exercises 68 2 Selected Readings 68 5 15 Market Failure and Government Intervention Market ... and Uncertainty 62 2 Measuring Risk: Mean and Variance 62 3 Consumer Behavior and Risk Aversion 62 7 Firm Behavior and Risk Aversion 63 2 Game...

Ngày tải lên: 14/08/2014, 22:21

... include corned beef and cabbage, tea and lemon, coffee and cream, peanut butter and jelly, tennis rackets and tennis balls, ski boots and skis, and kites and kite string. If goods X and Y are complements, ... ++ 3 2 3 3 96 TR Q Q=-21 2 QP=- () 300 30 96 introduction to mathematical economics (2. 56) Equation (2. 56) is a differential equation. We may express the relati...

Ngày tải lên: 14/08/2014, 22:21

... MC Q Q Q PQ Q Q PQ == () = == Ê Ë ˆ ¯ () = = = = = () = = = = === - - - - - 66 66 2 3 66 44 44 2 22 22 10 64 8 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 ... of demand is Since dQ/dP = 1/(dP/dQ), we write for all values of Q. Demand is price elastic. dQ dP Q Q Q Q Q Q = - = - Ê Ë ˆ ¯ Ê...

Ngày tải lên: 14/08/2014, 22:21

... 3,430.00 16 6, 561 .00 4,0 96. 00 2,401.00 32 5,904.90 3,2 76. 80 1 ,68 0.70 64 5,314.41 2 ,62 1.44 1,1 76. 49 128 4,782.97 2,097.15 823.54 2 56 4,340 .67 1 ,67 7.72 5 76. 48 tively. For example, suppose that a=0.3 and ... M., and R. E. Quandt. Microeconomic Theory: A Mathematical Approach, 3rd ed. New York: McGraw-Hill, 1980. Maxwell, W. D. Production Theory and Cost Curves. App...

Ngày tải lên: 14/08/2014, 22:21

... is p= () + () - ()() - () - () - = 20 1 304 100 6 087 2 1 304 6 087 3 1 304 8 6 087 10 88 17 22 $. P 2 100 2 6 087 69 66 *.$.=- () = P 1 20 2 1 304 17 39*.$.=- () = Q 2 6 087*.= Q 1 1 304*.= 2 16 100 12 QQ+= 62 2 0 12 QQ+= - () - () ... W. J., and J. I. Yellen. “Commodity Bundling and the Burden of Monopoly.” Quarterly Journal of Economics, 90 (August 19 76) , pp. 475–49...

Ngày tải lên: 14/08/2014, 22:21

... 5, 6 $850 $69 5 $191.44 $8 86. 44 B 1, 3, 4, 5, 6 950 795 63 .81 858.81 C 1, 2, 5, 6 900 66 5 127 .63 792 .63 D 1, 2, 3, 5 1,000 67 5 0.00 67 5.00 E 1, 2, 3, 6 1,000 67 0 0.00 67 0.00 F 1, 2, 3 950 540 63 .81 ... Project A Project B 0.00 $8,000 $10,000 0.02 6, 389 7 ,62 1 0.04 4,908 5, 465 0.05 4,211 4, 462 0.05875 3 ,62 3 3 ,62 3 0. 06 3,541 3,5 06 0.08 2,278 1,723 0.10...

Ngày tải lên: 14/08/2014, 22:21

... pp - () [] {} =- () [] = =- () [] +- () [] =- () +- () =- () + () = () + ( =Æ Â 22 12 2 1 2 12 2 2 22 22 0 4 100 64 0 0 6 1 000 64 0 0 4 540 0 6 360 0 4 291 60 0 0 6 129 60 0 , . . ., ., )) =+=1 16 640 77 760 194 400,,$, 1 000 000,, s 2 2 100 s 1 2 62 6 Risk and Uncertainty ally exclusive, ... Ev i - () [] {} = Ê Ë ˆ ¯ - () [] = = Ê Ë ˆ ¯ - () [] +- () [] ++- () [] { = Ê Ë ˆ ¯...

Ngày tải lên: 14/08/2014, 22:21

... risk. Market Uncertainty and Insurance 66 7 1 For a detailed discussion of indifference curves see, for example, Walter Nicholson, Microeconomic Theory: Basic Principles and Extensions, 6 th ed. (Font Worth: ... probability that an adverse Market Uncertainty and Insurance 67 5 equivalent to the income consumption curve in utility theory and the expan- sion path in production t...

Ngày tải lên: 14/08/2014, 22:21