Quiz chapter 2
Note: It is recommended that you save your response as you complete
each question.
Question 1 (1 point)
A creative entrepreneur is one who knows how to
Question 1 options:
Run a busines
T
Question 1 (1 point)
Contribution margin is
Question 1 options:
the contribution of each unit sold towards covering the fixed costs
the contribution of each unit sold towards covering the variable c
Shaala Mosley
MBAE 6865
Bichaka Fayissa
Homework/ Week #1
Sunday, January 22, 2017
Chapter 3-1 Question - Concert Opportunity Cost
You won a free ticket to see a Bruce Springsteen concert (assume the
Week01 Questions
Chapter 3-1 Question
Concert Opportunity Cost
You won a free ticket to see a Bruce Springsteen concert (assume the ticket has no resale value). U2 has a concert
the same night, and th
Week02 Homework
Chapter 6- Question
Nike Demand (inelastic)
If demand for Nike running shoes is inelastic, should Nike raise or lower price?
The appropriate pricing strategy for Nike with an inelastic
Quiz
Note: It is recommended that you save your response as you complete each question.
Question 1 (2 points)
The forecasting technique which involves the use of the least squares statistical method t
Final Exam
ECON 6000: Managerial Economics
QUESTIONS
1. Annual demand and supply for the fitness tracker market (e.g. Fitbit, Jawbone, etc.) is given by:
QD = 5,000 + 0.5 I + 0.2 A - 100P, and QS = -5
Final Exam
ECON 6000: Managerial Economics
Instructions: You will have one week to complete this take-home final exam. You may use any
of the course materials to complete this exam (including the text
MBAE 6865
HW # 3: Theory and Estimation of Production
6.4 Explain why a firms adherence to the Marginal Revenue Product (MRP) =Marginal
Labor Cost (MLC) enables it to find the optimal number of units
QUESTIONS
1. Create an X-Y scatter plot (Scatter with only Markers) with total cost on the vertical
axis and output (Q) on the horizontal axis.
2. Using this scatter plot, determine approximately when
Excel Demand Estimation Project
ECON 6000: Managerial Economics
100 points
Goal: The purpose of this assignment is to help you better understand demand models and
elasticity. The assignment will walk
Excel Production and Cost Project
ECON 6000: Managerial Economics
100 points
Goal: The purpose of this assignment is to give you a greater understanding of cost functions
AND important cost measures,
Xinyan Ye
MBAE 6865
Homework 2
#1. Create an X-Y scatter diagram (Scatter with only Markers) with price on the vertical axis and
quantity on the horizontal axis.
Price
3.0000
2.5000
2.0000
1.5000
1.00