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Discuss the production and Cost in the Short Run; Managerial Decisions in Competitive Markets.
Discuss Managerial Decisions for Firms with Market Power, Strategic Decision making in Oligopoly Markets.
In no less than two and no more than four pages, summarize the important economic principles and concepts in each of the assigned chapter.
How has the material discussed in this class relate or apply to your current work environment?
Explain what happened to industry price and quantity by making specific references to the demand and supply curves.
Review the three articles about Inflation that are of any choice. Summarize these journal articles. Use your own words. No copy-and-paste. Cite your sources.
Is Ann's pizza a normal or an inferior good? Explain how you know. Do customers view Ann's pizza as a substitute for Al's pizza? Explain how you know.
How much should Memorex charge for the product? What is the optimal level of output to maximize profits? How much profit will be earned?
What is driving his marginal benefits to continue to exceed his marginal cost? How would this affect his choice to continue eating?
Review the two articles about bank failures and bank diversification that are found below this.
Asymmetric information is the cause, while moral hazard and adverse selection are the outcome.
What about the incentive system employed by Wells Fargo resulted in massive creation of fake accounts by the retail operation?
Define and describe what you thought was worthy of your understanding in half a page. How you will use it, and/or how important it is in managerial economics.
Develop a survey of consumer intentions to determine if there will be a decrease in demand for your favorite product.
What does the marginal analysis say about when is it the ideal time to re-open the economy?
Nestlé's has over one hundred production facilities that all purchase hair. What does simultaneous move game look like and what is the equilibrium?
How was the ethical dilemma resolved? What can a change leader use to guide decision making when faced with an ethical dilemma?
Provide an example of how it could occur during competitive bidding and another example of how to minimize the chance of it happening.
How does gender inequality most strongly manifest? What kind of policy would you advocate to reduce gender inequality in your country?
Discuss what is the economic profit, opportunity cost, and should US Airways (American Airlines) build the training center at this location?
Why would a company choose open-source as opposed to the proprietary model (or vice -versa)? Does one model increase profits more than the other?
As a manager, why is Profit-cost-volume important in planning? Support your response with numerical example(s)
Explain whether workers at Airbus have the same marginal product as workers at Boeing?
What ability do you have to influence these? Do you exercise power in your attempts to influence the interpretations others have of change situations?