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Managerial Economics
1) Answer to the following question:i) Explain the concept of the third degree price discrimination. Who gains and who loses and how?
ii) Assume products A and B are produced jointly in fixed proportion and have following demand and marginal cost curves:
Where MC represent the marginal cost of the joint products. Determine the price for product A and B and explain.
2) Assume that the product X and Y are produced by two different companies but they are identical. There are only those two companies in the market. The demand curves and MC are:
The two companies have merged together. i) Find out the price, quantity, profit, consumer surplus and producer surplus after the companies have merged. ii) Do you have any idea about what the quantity produced and profit made by the two companies? No need for calculation is required here. You have to analyze verbally.
what is the social cost of production and the producer surplus resulting from a negative
Based on your reading of material from the Index of Economic Freedom, describe the relationship between economic freedom and variations in wealth among countries.
If company A finds minerals below company B's surface property, it may mine and use the minerals for its own use because it has not gone onto or disturbed company B's property.
Suppose all firms in a monopolistically competitive industry were merged into one large firm. Would that new firm produce as many different brands? Would it produce only a single brand? Explain.
In planning activities how are the decision arrived and what are the different stages of analysis? which factors can be ignored and why? state the manner in which a degree of success can be measurable.
HPM 522, 1. Consider variables: Pr_Prob and Pr SIDE. Explain why a relatively high value for the former and a relatively low value for the latter are the input values for the BEST case.
question 1. the inverse market demand for mineral water is p 200 10q where q is total market output and p is the
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you should write research paper and make a power point to presentation.topics the following is just a set of
hi ltbrgt ltbrgtcan you answer this assignment with high quality work please? ltbrgtfollow the instruction in the
Explain the role of monitoring and evaluation in Quality Assurance Discuss Five tools that you can use to effectively monitor the activities of your school
Understand different theories of social welfare
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