Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question:
(a) The regression results for the quantity demanded of good X is given by
ln QX = 1220 - 9.5 ln PX - 2.21 ln PY + 1.01 ln M t values (5.3) (-5.12) (-2.15) (5.41)
Adjusted R2 = 0.96 F statistics = 160.20 P value = 0.001 Where QX is the quantity demanded of X, PX is the price of X, PY is the price of Y and M is the consumer income. Evaluate the above regression and discuss how these results may be useful to a manager.
(b) The Wall Street Journal reports that the prices of PC components are expected to fall by 5 to 8 percent over the next six months. With the aid of diagrams, explain the likely impact and what the implications are for a manager in the following cases:
(i) Case1: If you are the manager of a small firm that manufactures PCs.
(ii) Case 2: If you are the manager of a small software company.
In the national income analysis, investment refers to the value of than part of the aggregate output for any given time period which takes the form of construction of new structure
What is the difference between monopoly and perfect competition? Monopoly versus Perfect Competition: 1. Perfect competition is equal to monopoly competition, at the perfe
Equilibrium and Disequilibrium in the Balance of Payments If on the current account , the value of exports is equal to the value of imports, the balance of payments is said t
Question 1: (a) Describe the argument that market entry erodes profits in the long run. (b) Give some reasons and discuss possible strategies used for profits to persist eve
Explain the importance of Managerial economics Managerial economics bridges the gap among 'theoria' and 'pracis'. The tenets of managerial economics have been derived from quan
Legal Sanction: A monopoly as stated above may be the result of a government sanction. The government of a country may legally permit a private monopoly or monopoly in the public s
explain the incimental principle
Indifference Curve Analysis In the 1930s a group of economists, including Sir John Hicks and sir Roy Allen, came to believe that cardinal measurement of utility was not necess
Theory of Consumer Behaviour Through the study of theory of consumer behaviour we can be able to explain why consumers buy more at a lower price than at a higher price or put
State the difficulties in the measurement of profit.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd