MBA 5600 Managerial Economics Assignment #1 1. What impact will the prospect of deprivatization have on investment by managers of privatized firms? The impact will be: - Loosing corporate focus; - Missing planned CEO turnover; - Affecting planned managerial objects and strategic efficiency Obviously‚ normal managers invest in long-term projects‚ products and services‚ deprivatization may come up with a different strategy that not aligned with corporate goals and its profit will probably
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Chapter 8 Summary In Neil Postman’s book‚ Amusing Ourselves to Death‚ he attempts to persuade Americans that television is changing every aspect of our culture and world. In chapter 8‚ Shuffle Off to Bethlehem‚ Postman uses three arguing styles very well: ethos‚ pathos‚ and logos‚ which help him push the reader‚ specifically televised religion viewers and churchgoers‚ to believe that televised religion is not a replacement for religion. Throughout the chapter‚ Postman creates the feeling of guilt
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10.1 Public Opinion Public opinion: a mechanism that quantifies the various opinions held by the population or by subgroups of the population at a particular point in time The Relationship between Public Opinion and Public Policy Public opinion should either= a great amount of involvement or a very little Elitism: the idea that a select few – better educated‚ more informed‚ more interested – should have more influence on government Historical Views: Founders diminished the connection between
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scarce resources‚ no matter how large or profitable. A key role that managers play is to decide how best to allocate their organizations’ scarce resources. From an economic standpoint‚ optimal decisions involve their weighing of the benefits associated with a particular decision against the opportunity cost of this decision. 2. Define the market process‚ the command process‚ and the traditional process‚ How does each process deal with the basic questions of what‚ how and for whom.? Market
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SUPPLY supply curve - in economics‚ graphic representation of the relationship between product priceand quantity of product that a seller is willing and able to supply. Product price is measured on the vertical axis of the graph and quantity of product supplied on the horizontal axis. In most cases‚ the supply curve is drawn as a slope rising upward from left to right‚ since product price and quantity supplied are directly related (i.e.‚ as the price of a commodity increases in the market‚ the
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additional cost...It is not offsetting the benefit So fix the level of pollution reduction in an optimal manner...The optimal value P is Marginal cost = marginal revenue Set MC = MR and solve for P MC = 40P MR = 1000 -10P That is 40P = 1000-10P Take -10 p to that side... 40P + 10P = 1000 50P = 1000 P = 1000/50 P = 20 So 20 [ what unit would come here?] pollution reduction must be undertaken by Appalachian Coal mining. (1) Appalachian coal mining believes that it can increase labor productivity
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Exercise 2-2 | | |Product |Period Cost | | | |(Inventoriable) Cost | | |1. |Depreciation on salespersons’ cars | |X | |2. |Rent
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Major Assignment 1) a) Demand Function: Quantity Demanded (Qd) = a + b* Price (P) Supply Function: Quantity Supplied (Qs) = a + b* Price (P) Where: a = constant b = the change in quantity as a result to the change in price. Demand Function: Quantity Demanded (Qd) = a + b* Price (P) b = (420 – 350) / (20 – 25) = 70 / -5 = -14 Using: P = 25‚ Qd = 350 350 = a – 14 * (25) 350 = a – 350 Therefore a = 700 and the demand function would be: Qd = 700 – 14 * P Supply Function:
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7 : Week 7 - Exam #1 Time Remaining: | | 1. What phrase is often used interchangeably with the phrase market capitalization? (Points : 1) Market value Open Interest Trading volume Notional value | 2. Assume that an investor lends 100 shares of Jiffy‚ Inc. common stock to a short seller. The bid-ask prices are $32.00 - $32.50. When the position is closed the bid-ask prices are $32.50 - $33.00. The commission rate is 0.5%. The market interest rate
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1 Examination-2014 Quantitative Techniques QUIZ TEST (Answer All Questions) Time – 20 mins Full Marks – 10 (10 x 1) 1. The GM of a set of five numbers is 2. The GM of a set of four numbers is 4. What is the GM of the numbers if both the sets considered together? 2. What do you mean by bi-modal incase of measures of central tendency? 3. If mean and SD are 50 and 10 then what is the value of Coefficient of Variation. 4. What is the empirical relationship between Mean‚ Median and
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