UBC
Sauder School Of Business
Commerce 295 (107) Managerial Economics
Solution to Assignment 1
1. Supply and Demand: At the International Blueberry Festival the demand and supply curves
for blueberries can be represented by Qd = 2,000 500p and Qs = 250 +
UBC
COMM/FRE 295
Solution to Assignment 2
Question 1: Commodity Bundling
On Friday nights the Sunset Restaurant provides a unique dinner and dancing experience. It
provides a buffet dinner, brings in a dance band, and clears space for dancing on its multi
Commerce 295/FRE 295
Fall 2015
Assignment 1
Assigned: Sept. 21.
Due: Oct. 7.
Instructions:
1. Commerce 295 is a large, closely coordinated, multi-section course. It is necessary to be strict
about rules regarding the assignment. Otherwise, marking and han
Managerial Economics
Class 10
i.
ii.
iii.
1.
2.
3.
4.
Admin and Feedback
Coffee
Clicker Review Questions
Pure Bundling
Mixed Bundling
Peak-Load Pricing
Summary
THE UNIVERSITY OF BRITISH COLUMBIA
Admin and Feedback
1.
2.
3.
This week the TA office hours ar
COMM/FRE 295
Solution to Questions Set #3 Production and Costs Question #1. Wheat is produced according to the production function Q = 100(K0.8 L0.2) where Q denotes output, K denotes capital and L denotes labor. (a) Beginning with K = 4 and L = 49, show
Commerce 295/FRE 295/Fall 2013 Assignment 2 Answer Key
Each question is worth 10 pts. Show your working. 1. (Pricing) a) (5 pts) Dolls Unlimited is selling two new dolls, Lois Lane and Clark Kent, to take advantage of the recent Man of Steel movie. The fi
Commerce 295: Sections 101-106
FRE 295: Sections 001 and 002
Fall 2009
Assignment 2
Assigned: Nov. 9/10
Due: Nov. 23/24 (See comment 2 below.)
Instructions:
1. Commerce 295 is a large, closely coordinated, multi-section course. It is necessary to be stric
Managerial Economics Midterm Answers 2012
PART I. MULTIPLE CHOICE ANSWERS (Use letters A, B, C, or D.) Put your answers
here. Multiple choice answers placed elsewhere will not be marked.
1. C
11. A
2. C
12. B
3. D
13. A
4. C
14. B
5. B
15. B
6. D
16. D
7.
Commerce 295/FRE 295 Fall 2013 Assignment 1 Assigned: Sept. 16/17 Due: Nov. Sept. 30/Oct. 1 (See comment 2 below.) Instructions: 1. Commerce 295 is a large, closely coordinated, multi-section course. It is necessary to be strict about rules regarding the
COMM/FRE 295 Practice Questions Set #3 Production and Costs
Question 1. Wheat is produced according to the production function Q = 100(K0.8 L0.2) where Q denotes output, K denotes capital and L denotes labor. (a) Beginning with K = 4 and L = 49, show that
Each question is worth 10 pts. Show your working. Unless otherwise stated each part of each
question is worth 5 pts.
1. (Supply and Demand)
(a) Suppose the estimated market demand for oil is Q = 100 3P + Pg and the supply curve is Q =
15 + 2P, where Q is
Commerce 295/FRE 295
Fall 2011
Assignment 2
Assigned: Nov. 7/8
Due: Nov. 21/22 (See comment 2 below.)
Instructions:
1. Commerce 295 is a large, closely coordinated, multi-section course. It is necessary to be strict
about rules regarding the assignment. O
UBC COMM 295/FRE 295 Solution to Problem Set #2 Consumer Choice
1. The local farmer's market sells corn for $0.20 each. At this price, Sam buys 6 every Thursday. Show in a diagram what would happen to Sam's consumption of corn if the market offered corn a
COMM 295
Clicker # 4 (Oligopoly Game Theory)
1. You might enter the digital camera business, currently monopolized by Kodak. Kodak can
either accommodate or wage a price war. The payoffs are as follows.
Accommodate
Price War
Enter
6, 12
-2, 10
Dont Enter
Commerce 295/FRE 295
Fall 2012
Assignment 2
Assigned: Nov. 7/Nov. 8
Due: Nov. 21/22 (See comment 2 below.)
Instructions:
1. Commerce 295 is a large, closely coordinated, multi-section course. It is necessary to be strict
about rules regarding the assignme
Commerce 295/FRE 295
Fall 2015
Assignment 1
Assigned: Sept. 21/22.
Due: Oct. 7/8.
Instructions:
1. Commerce 295 is a large, closely coordinated, multi-section course. It is necessary to be strict
about rules regarding the assignment. Otherwise, marking an
Commerce 295/FRE 295
Fall 2013
Assignment 1
Assigned: Sept. 16/17
Due: Nov. Sept. 30/Oct. 1 (See comment 2 below.)
Instructions:
1. Commerce 295 is a large, closely coordinated, multi-section course. It is necessary to be strict
about rules regarding the
UBC
Managerial Economics: Commerce/ FRE 295
FINAL EXAM 2015 ANSWERS
PART I. MULTIPLE CHOICE ANSWERS (Use letters A, B, C, or D.) Put your answers
here. Multiple choice answers placed elsewhere will not be marked.
1. _A_
12. _B_
2. _C_
13. _D_
3. _B_
14. _
UBC COMM/FRE 295 Practice Problems Asymmetric Information
2 1. A firms short-run revenue is given by R = 10e - e , where e is the level of effort by a typical worker (all workers are assumed to be identical). A worker chooses his level of effort to maximi
COMM/FRE 295
Practice Question #5
Cost of Production
Question #1
Acme Container Corporation produces egg cartons that are sold to egg distributors.
Acme has estimated this production function for its egg carton division:
Q = 25L0.6K0.4, where Q = output m
Commerce 295 Assignment 1 Answers
(September, 2014)
1. (Supply and Demand)
(a) Suppose the estimated market demand for oil is Q = 100 3P + Pg and the supply curve is Q = 15 +
2P, where Q is millions of barrels of oil, P is the price of oil in $ per barrel
Commerce 295/FRE 295/Fall 2013
Assignment 2 Answer Key
Each question is worth 10 pts. Show your working.
1. (Pricing) a) (5 pts) Dolls Unlimited is selling two new dolls, Lois Lane and Clark Kent, to take
advantage of the recent Man of Steel movie. The fi
Commerce 295/FRE 295
Fall 2015
Assignment 1 Answer Key
Assigned: Sept. 21.
Due: Oct. 7.
1. Introduction and Supply and Demand
a) Classify each of the following statements as positive or normative. Circle the correct answer and
provide a short explanation
Commerce 295/FRE 295 Fall 2013 Assignment 2 Assigned: Nov. 6/7 Due: Nov. 20/21 1 (See comment 2 below.) Instructions: 1. Commerce 295 is a large, closely coordinated, multi-section course. It is necessary to be strict about rules regarding the assignment.
Answer Key - Assignment 2
Commerce 295 Managerial Economics
Each question is worth 10 pts. Show your working.
1. (Two-
Part Pricing) Super Duper Games (SDG) has a monopoly on a new interactive roll playing game. All
customers
Managerial Economics
Class 4
1. Statistical Significance
2. The i-Tunes Case Using the Excel Regression Tool
3. Regression Specification
a) Multivariate Regression and Omitted Variables
b) Choosing Explanatory Variables
c) Causation and Correlation
d) Fun
Managerial Economics
Class 6
1.
2.
3.
4.
Make or Buy Vertical Integration
Perfect Competition in the Short Run
Perfect Competition in the Long Run
Consumer and Producer Surplus
(Reading: Chapter 8, Sections 8.1-8.4)
THE UNIVERSITY OF BRITISH COLUMBIA
Clic