Problem: Managerial Economics
Topics:
Introductions; Managers, Profits and Markets; Demand, Supply and Market Equilibrium.
Marginal Analysis for Optimal Decisions; Best estimation Techniques.
Elasticity and Demand.
Production and Cost in the Short Run; Managerial Decisions in Competitive Markets.
Task
How has the material discussed in this class relate or apply to your current work environment? Or what aspect of this class has helped you to better understand and perform your current work related responsibilities?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.