1. “The relevance of Opportunity Costs is not limited to individual decisions but also to government’s decisions.” Explain giving examples.
2. “If we have two products, A and B, which are substitutes, we can expect that a rise in the price of A (or B) will cause the demand for B (or A) to go up.” Examine this statement with reference to other prices as determinants of demand.
3. Using the output – cost data of a pharmaceutical firm, the following total cost function was estimated using quadratic function
TC= 2018 – 6.63Q + 0.011Q2
i) Determine average and marginal cost functions.
ii) Determine the output rate that will minimize average cost and the per unit cost at that rate of output.
4. Discuss the Equilibrium of a Firm under Monopoly. Illustrate using graphs.
5. Explain the difference between First and Third Degree Price Discrimination.
6. Write short notes on the following :
a) Opportunity Set
b) Substitutes
c) Alternative Costs
please solve the quistion managerial economics …….. Using the output – cost data of a pharmaceutical firm, the following total cost function was estimated using quadratic function
TC= 2018 – 6.63Q + 0.011Q2
i) Determine average and marginal cost functions.
ii) Determine the output rate that will minimize average cost and the per unit cost at that rate of output.
i need all questions answer of ms 9 assignment till 21-9-2012
hi sir here is one more request i need ms 11 questions answer till 21-09-2012 i will be thankful to you
i need ms 11, ms 27 assignment questions answer as quick as possible
thank you