Pricing & Output Decisions: Monopolistic Competition

Pricing & Output Decisions: Monopolistic Competition     Oligopoly).

Question 1: Compare and differentiate the 4 basic characteristics of monopolistic competitive markets and oligopoly markets (Refer to Table 9.1)

Question 2: Provide your own real examples of monopolistic competitive and oligopoly markets and explain how these firms are price makers.

Question 4: Chapter 11 (Game Theory and Asymmetric Information)

 Do you think the Prisoner’s Dilemma game is relevant for managerial decisions?

Question 5: Chapter 10 (Special Pricing Practices)

 Illustrate the 3 degrees of price discrimination with your own real examples.

Question 6: a). Perfect Competition is a model of which examples are few and far between. Yet economists love to discuss this model. Explain why.

b). One of the criticisms of oligopolies is the adverse impacts these firms have on income distribution. Do you believe that is a valid criticism? Discuss with appropriate examples.

Question 7: Briefly explain the main purpose of the following antitrust laws: Sherman Act, Clayton Act, Federal Trade Commission Act, Robinson-Patman Act, Celler-Kefauver Act and Hart-Scott-Rodino Act

Question 8: What is the difference between a simple regression equation and a multiple regression equation?

Question 9: For what are the t-test and F-test used for?

Question 10: Explain Price Floor and Price Ceiling with examples.

Question 11: “Forecasting is both an art and a science.” Discuss with reference to Panel Consensus and Econometric Method.

Question 12: Now that your study of Managerial Economics is concluding, name at least three economic principles which you believe will contribute to your profit-maximizing management decision making.

2nd

ECO607 MANAGERIAL ECONOMICS – PROJECT PAPER

Project Paper – Topic:

The Impact of Sarbanes – Oxley Act of 2002 on Commercial Banking

Submit 10 or more page, typed, double-spaced paper on a topic of your choice (include: empirical and data analysis / chart and graph.  Use APA format, include citations and a reference page. 

Ensure your paper has:

1). Introduction / Objective

2). Literature Review

3). Economic Analysis (Include terms: Demand, Supply, Variable / Fixed cost, Income Elasticity, Maximization, marginal and incremental changes, price elasticity, competitive market and market structure, etc)

4). Summary / Conclusion

5). Reference page

Collepals.com Plagiarism Free Papers

Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS

Why Hire Collepals.com writers to do your paper?

Quality- We are experienced and have access to ample research materials.

We write plagiarism Free Content

Confidential- We never share or sell your personal information to third parties.

Support-Chat with us today! We are always waiting to answer all your questions.