MANAGERIAL ECONOMICS – BMME5103 ASSIGNMENT

... 1 MASTER OF BUSINESS ADMINISTRATION INTERNATIONAL PROGRAM ASSIGNMENT MANAGERIAL ECONOMICS Submitted to: Submitted by: ID No.: Class: MBAOUM Ho Chi Minh City, July 2013 3 capital cities that ... the long run, the monopolist will stop their business if P < ATC. 2 SEMESTER 2013 MANAGERIAL ECONOMICS – BMME5103 ASSIGNMENT (60%) Question 1 Read the following information and answer...

Ngày tải lên: 05/03/2014, 15:57

... the term suggests, managerial economics is the analysis of major man- agement decisions using the tools of economics. Managerial economics applies many familiar concepts from economics demand and ... approach to managerial decision making without drowning students in mathematics. THE SEVENTH EDITION While continuing to emphasize managerial decision making, the Seventh Edition of...

Ngày tải lên: 16/03/2014, 07:20

... and techniques of managerial economics can be used to analyze decisions in the public and not- for-profit sectors and how that decision-making process can be improved. SUMMARY Managerial economics links economics ... four units of output to five, the marginal profit of $39 is greater than the $34 average profit at four units; therefore, average profit increases to $35. The $35...

Ngày tải lên: 09/04/2014, 13:50

... PRESCRIPTIVE MANAGERIAL ECONOMICS Managerial economics has both descriptive and prescriptive elements. Managerial economics is descriptive in that it attempts to interpret observed phenomena and to ... Contents 14 Risk and Uncertainty Risk and Uncertainty 622 Measuring Risk: Mean and Variance 623 Consumer Behavior and Risk Aversion 627 Firm Behavior and Risk Aversion...

Ngày tải lên: 09/06/2014, 09:27

... 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

... <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=> ∂ ∂ ∂ ∂ ∂ ∂∂ 2 1 2 2 2 2 2 12 2 11 22 12 2 0 y x y x y xx ff ... x= () = () () == () = () [] - - 2 3 23 2 13 2 2 1 21 y u v uv== -1 dy dx fx xxx x xx x x x = Â () = - () () () = - = -22 324 2 4 1...

Ngày tải lên: 14/08/2014, 22:21

... - - - - 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...

Ngày tải lên: 14/08/2014, 22:21

... 7,290.00 5,120.00 3 ,43 0.00 16 6,561.00 4, 096.00 2 ,40 1.00 32 5,9 04. 90 3,276.80 1,680.70 64 5,3 14. 41 2,621 .44 1,176 .49 128 4, 782.97 2,097.15 823. 54 256 4, 340 .67 1,677.72 576 .48 tively. For example, ... McGraw-Hill, 1980. Henderson, J. M., and R. E. Quandt. Microeconomic Theory: A Mathematical Approach, 3rd ed. New York: McGraw-Hill, 1980. Maxwell, W. D. Production T...

Ngày tải lên: 14/08/2014, 22:21

... expression TC Q Q=++100 5 0 02 2 . TC economic = $1 25 TR P Q== () =*$ i 25 5 1 25 QQ PP P Q DS = -=+ = =+ () =+ = 3 000 60 50 0 40 25 500 40 25 500 1 000 1 50 0 , *$ *,, QP QP D s =- =+ 3 000 60 50 0 40 , p= ... -TR TC TC Q= 2 2 QP=- Ê Ë ˆ ¯ 20 3 1 3 PQ=- =- () =-= 45 0 5 45 0 5 4 45 2 43 $ TR PQ Q Q Q Q== - =- () 45 0 5 45 0 5 2 d d Q 2 2 6 4 15 24 15 9 0 p =-...

Ngày tải lên: 14/08/2014, 22:21

... + () =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

... W. J., and J. I. Yellen. “Commodity Bundling and the Burden of Monopoly.” Quarterly Journal of Economics, 90 (August 1 976 ), pp. 475 –498. Baye, M. R., and R. O. Beil. Managerial Economics and Business ... is p= () + () - ()() - () - () - = 20 1 304 100 6 0 87 2 1 304 6 0 87 3 1 304 8 6 0 87 10 88 17 22 $. P 2 100 2 6 0 87 69 66*.$.=- () = P 1 20 2 1 304 17 39*.$.=- () =...

Ngày tải lên: 14/08/2014, 22:21

... 12.16. NPV CF A tnt t = () =- =ặ S 1 1 171 68 563 64 . $. NPV CF A tnt t = () =- + () + () + () + () + () = =ặ S 1 123 45 1 151 68 25 000 7 000 1 151 68 8 000 1 151 68 9 000 1 151 68 9 000 1 151 68 5 000 1 151 68 584 85 . $, $, . $, . $, . $, . $, . $. Methods ... 519 + Ϫ 12345 t YTM = 0. 08 6 789 10 11 12 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $1,000 $100 $92.539...

Ngày tải lên: 14/08/2014, 22:21

... Journal of Game Theory, 4 ( 197 5), pp. 25–55. Von Neumann, J., and O. Morgenstern. Theory of Games and Economic Behavior. New York: John Wiley & Sons, 194 4. 620 introduction to game theory Solution. ... completed and the payoffs for Andrew and Adam are (100 - P 1 , P 1 - 50), respectively. For example, if Adam accepts Andrew’s offer of, say, $80, then Andrew’s gain from tra...

Ngày tải lên: 14/08/2014, 22:21

... 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’s expected return and standard deviation, respectively. ... probability that an adverse Market Uncertainty and Insurance 675 equivalent to the income consumption curve in utility theory and the expan- sion path in produ...

Ngày tải lên: 14/08/2014, 22:21

... ASSIGNMENT – BMME5103 SEMESTER 2014 MANAGERIAL ECONOMICS – BMME5103 ASSIGNMENT (60%) Question 1 Assume you own and operate a small ... demand. We have: Q D = 6500 – 100P Q S = 1200P  Q D = Q S  6500 – 100P = 1200P  1100P = 6500  P = 5 => Q = 6000. Pham Thi Hong Cuc Page 5 ASSIGNMENT – BMME5103 - To find the output ... Q D = 70 – 2P Q S...

Ngày tải lên: 17/10/2014, 09:35