MANAGERIAL ECONOMICS – BMME5103 ASSIGNMENT

Managerial economics assignment   MBA

Managerial economics assignment MBA

... 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...
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MANAGERIAL ECONOMICS doc

MANAGERIAL ECONOMICS doc

... 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...
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Fundamentals of managerial economics

Fundamentals of managerial economics

... 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...
Managerial economics theory and practice

Managerial economics theory and practice

... 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...
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Managerial economics theory and practice phần 1 ppt

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...
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Managerial economics theory and practice phần 2 doc

Managerial economics theory and practice phần 2 doc

... <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...
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Managerial economics theory and practice phần 3 pps

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...
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Managerial economics theory and practice phần 4 ppsx

Managerial economics theory and practice phần 4 ppsx

... 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...
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Managerial economics theory and practice phần 5 pptx

Managerial economics theory and practice phần 5 pptx

... 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 =-...
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Managerial economics theory and practice phần 6 pptx

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...
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Managerial economics theory and practice phần 7 docx

Managerial economics theory and practice phần 7 docx

... 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*.$.=- () =...
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Managerial economics theory and practice phần 8 doc

Managerial economics theory and practice phần 8 doc

... 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...
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Managerial economics theory and practice phần 9 potx

Managerial economics theory and practice phần 9 potx

... 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...
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Managerial economics theory and practice phần 10 pot

Managerial economics theory and practice phần 10 pot

... 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...
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MANAGERIAL ECONOMICS – BMME5103 ASSIGNMENT

MANAGERIAL ECONOMICS – BMME5103 ASSIGNMENT

... 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...
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