# Managerial Economics

All new and solved questions in Managerial Economics category

##### Jeraisy, a well-known plastic surgeon, has a reputation for being one of the best surgeons for reconstructive nose surgery
Dr. Jeraisy, a well-known plastic surgeon, has a reputation for being one of the best surgeons for reconstructive nose surgery. Dr. Jeraisy enjoys a rather substantial degree of market power in this market. She has estimated demand for her work to be:Q = 480 – 0.2PWhere Q is the number of nose...
##### Appalachian Coal Mining believes that it can increase labor productivity, and therefore, net revenue by reducing air pollution in its mines
Appalachian Coal Mining believes that it can increase labor productivity, and therefore, net revenue by reducing air pollution in its mines. It estimates that the marginal cost function for reducing pollution by installing addtional capital equipment is mMC=40pwhere p represents a reduction of one u...
##### Entry of new airlines to the CARICOM region is severely restricted and as a consequence regional airlines charges higher airfares than US airfares for routes of comparable distances
Entry of new airlines to the CARICOM region is severely restricted and as a consequence regional airlines charges higher airfares than US airfares for routes of comparable distances. An airline expert estimates the annual air travel demand between Trinidad and Antigua to be:Q = 1,000 – 10P; wh...
##### Economists consider which of the following costs to be irrelevant to a short run business decision
Economists consider which of the following costs to be irrelevant to a short run business decision?A)out of pocketB)historical costC)opportunity costD)replacement cost...
##### Qd=15.0-0.2P where Qd is annual quantity demanded in millions of units and P is the wholesale price
Qd=15.0-0.2P where Qd is annual quantity demanded in millions of units and P is the wholesale price. Incurred cost of $60 million. Production cost is$5/unit. (1) what is wholesale price, (2) production annually, (3) annual profit?Given this is a monopoly with an expiring patent in 30 days, what pri...
##### Appalachian Coal Mining believes that it can increase labor productivity and, therefore, net revenue by reducing air pollution in its mines
Appalachian Coal Mining believes that it can increase labor productivity and, therefore, net revenue by reducing air pollution in its mines. It estimates that the marginal cost function for reducing pollution by installing additional capital equipment is MC = 40P where P represents a reduction of on...
The total operating revenues of a public transportation authority are $100M while its total operatiing costs are$120M. The price per ride is $1, and the price elasticity of demand for transportation ia -0.4. The transportation authority has to eliminate its operating deficit.(a)What pricing policy ... 1 answer ##### The Owner-manager of Good Guys Enterprises obtains utility from income (profit) and from having the firm behave in a socially conscious manner, such as making charitable contributions or civic expenditures The Owner-manager of Good Guys Enterprises obtains utility from income (profit) and from having the firm behave in a socially conscious manner, such as making charitable contributions or civic expenditures. Can you set up the problem and derive the optimization conditions if the owner-manager wishes... no answer ##### As vice president of sales for a rapidly growing company, you are grappling with the question of expanding the size of your direct sales force (from its current level of 60 national salespeople As vice president of sales for a rapidly growing company, you are grappling with the question of expanding the size of your direct sales force (from its current level of 60 national salespeople. You are considering hiring from 5 to 10 additional personnelQUESTION: How would you estimate the addition... 1 answer ##### The Harley-Davidson motorcycle company, which had a copyright on the word "hog," applied for exclusive rights to its engine sound The Harley-Davidson motorcycle company, which had a copyright on the word "hog," applied for exclusive rights to its engine sound. Why would a company want copyrights on two such mundane things?In my opinion. The reason for the two mundane things is to protect itself from any potential copie... 3 answers ##### A CA resort offers year-round activities and the resort's operating costs are essentially the same in winter and summer A CA resort offers year-round activities and the resort's operating costs are essentially the same in winter and summer. Mgmt charges higher nightly rates in the winter, when its average occupancy rate is 75%, than in the summer, when its occupancy rate is 85%. My question is, this can also be c... no answer ##### I need help with understanding this analysis I need help with understanding this analysis. Suppose you are a stock market analyst. At Disney tourism has slowed down in the US. But at Six Flage two new rides are now operating. Using demand and supply analyss, predict the impact of these events on ticket prices and attendance at Disney. Now Disn... 1 answer ##### How would you react to a sales manager’s announcement that he or she has in place a marketing program to maximize sales How would you react to a sales manager’s announcement that he or she has in place a marketing program to maximize sales?... no answer ##### If a stock is expected to pay an annual dividend of$20 forever, what Is the approximate present value of the stock, given that the discount Rate is 5%
If a stock is expected to pay an annual dividend of \$20 forever, what Is the approximate present value of the stock, given that the discount Rate is 5%?...