Discuss briefly the implication or significance of this EQUILIBRIUM POSITION or CONDITION? What does this mean in the real world of business where producers and buyers interact in the MARKET?
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- MANAGERIAL ECONOMICS 2. The relationship between the concepts and measures of Total, Average, and Marginal is very important in Optimization Analysis; the relationship is basically the SAME, whether for Revenue, Production, Cost or Profit;Explain the meaning of the three economic concepts and their dimensions in a comprehensive manner and the behavior of the relationship between the three, it is more desirable if accompanied by a graphic example.Subject: Manegerial economics & policy Following are examples of typical economic decisions made by the managers of a firm.Determine whether each is an example of what, how, or for whom.a. Should the company make its own spare parts or buy them from an outside vendor?b. Should the company continue to service the equipment that it sells or ask customers touse independent repair companies?c. Should a company expand its business to international markets or concentrate on thedomestic market?d. Should the company replace its own communications network with a “virtual privatenetwork” that is owned and operated by another company?e. Should the company buy or lease the fleet of trucks that it uses to transport its productsto market?7.18 You are the chief learning officer for your organization and are tasked with evaluating a recent training program. What is the easiest way to accomplish this task? O Measure the return on investment. O Assess the transfer of learned skills to the job. O Test participants' knowledge and skills before and after the program OAssess participants' reactions to it.
- MANAGERIAL ECONOMICS 5. In conducting studies to estimate market / demand forecasting, generally two types of data are used, namely “Time Series” data and “Cross-section” data or a combination of the two types of data; explain the meaning of the two types of data and the advantages/disadvantages of each! 6. Explain what is meant by ISOQUANT? Next, explain the main characteristics of the isoquant curve and how to find the optimal point of production; Next, explain the meaning of the Production Economic Area which is depicted by a dividing line called the Ridge LineMANAGERIAL ECONOMICS 3. Explain the meaning of: a) Individual Consumer Demand, b) Market Demand, and c) Market Demand faced by a company; then explain how a company relates its product selling price policy with the price elasticity of market demand it faces; even better if it is accompanied by a graphical explanationExplain 5 employee attendance problems in an organization
- 1. Using demand and supply curves to show the impact of the events in the case on the price, supply and demand of copper. 2.What are the implications of these trends for managerial decision making?MANAGERIAL ECONOMICS 1. Describe the scope of the material Managerial Economics and explain what benefits can be obtained by understanding Managerial Economics; Explain the meaning of Company Value and how to calculate the value of the company as long as the company is still actively operating? Give an example of another case related to the benefits of studying this course!MANAGERIAL ECONOMICS 1. Describe the scope of the material Managerial Economics and explain what benefits can be obtained by understanding Managerial Economics; Explain the meaning of Company Value and how to calculate the value of the company as long as the company is still actively operating? Give an example of another case related to the benefits of studying this course! 2. The relationship between the concepts and measures of Total, Average, and Marginal is very important in Optimization Analysis; the relationship is basically the SAME, whether for Revenue, Production, Cost or Profit;Explain the meaning of the three economic concepts and their dimensions in a comprehensive manner and the behavior of the relationship between the three, it is more desirable if accompanied by a graphic example.
- Managerial Economics: California’s Cap-Trade Law Faces Fall Ballot Challenge 1. Other than the market for energy itself, what is a market that might be affected by a cap and trade policy? Explain. 2. In the market you chose, which curve (supply or demand) would shift in response to the policy? Which shifter is affected? Will it increase or decrease? 3. Draw a supply and demand graph. Shift the curve in the direction that you chose in the previous section. Find the new equilibrium. Did equilibrium price increase or decrease? Did equilibrium quantity increase or decrease? 4. Explain whether your findings in #3 are what you expected. ……. QUESTION TITLE :- Managerial Economics: California’s Cap-Trade Law Faces Fall Ballot Challenge27. The sales department manager for a laminate flooring company has been considering changing the commission program, a change that would affect the income of all employees in the sales department. Information about the new commission structure is released when a document detailing the change is accidentally left on the printer, and a number of complaints soon followed. The department manager is reconsidering the change based on these complaints. Which barrier to change is this company experiencing? A.Misalignment between the change and the mission of the organization B.Fear that the culture of the organization may change C.Lack of infrastructure or training to support the change D.Negative employee attitude towards the change5) What other business disciplines are related to Managerial Economics?