BUSI 620 QCT 3
Matt Kidd 3June 2012
Questions for Critical Thinking 3
Chapter 6:
a. Discussion Questions: 1.
b. Problems: 5, 6, and 7*.
* Revised 7: Just construct the diffusion index.
Chapter 7:
a. Discussion Questions: 11*, 12, and 15.
b. Problems: 4*,
BUSI 620 QCT 7
Questions for Critical Thinking 7
Chapter 14:
a. Discussion Questions: 13, 15, and 16.
b. Problems: 4* and 6(a).
* Remember the profit is 50% of sales.
Use table 14-4 as an example to calculate the standard
deviation for both projects, and
BUSI 620 QCT 5
Matt Kidd
Questions for Critical Thinking 5
Chapter 10:
a. Discussion Questions: 2, 4(a), 8, and 11.
b. Problems: 1 and 5*.
* Given the reaction function of duopolist A, QA = (12-QB)/2 (1) and the
reaction function of duopolist B, QB= (12-Q
BUSI 620 QCT 4
Matt Kidd
Questions for Critical Thinking 4
Ch. 8
Discussion Questions
#2. (a) Marginal costs refer to the change in total cost for 1 unit change in
output, while incremental costs is a broader concept and refers to the change
in total cost
BUSI 620 QCT 6
Questions for Critical Thinking 6
Chapter 12:
a. Discussion Questions: 7, 11,and 13.
b. Problems: 6* and 12(a).
* Please review Optimal Pricing and Output of Joint Products
Produced in Variable Proportions, pp. 446-447, before you answer
th