ECF 5927 Managerial Economics
Problem set – 2.
Due by Monday, 12 pm, Week 3.
Electronic Submission (via Moodle) only.
Common file types (word, pdf or image) must be uploaded on Moodle by the specified
All 10 sets (including this one) shall be considered for the “participation mark.”
If your submitted work is less than 25% of the overall work in a given set, you will not
receive any mark for that set.
If your submitted work is above 25% but less than 75% of the overall work, you will
receive partial credit for that set.
Incomplete work or insincere attempts (which includes simply restating the question or its
parts) will not be considered as a valid attempt.
Detailed Marking of your responses
Out of 10 submitted sets, five sets will be randomly selected for detailed marking. Tutors
will evaluate your work and compare with correct (expected) responses.