EC411MANAGERIAL ECONOMICS_INTRODUCTION

Question 1

ACCOUNTING APPLICAITON OF MANAGERIAL ECONOMICS INCLUDE FOLLOWING CONCEPTS (CHECK ALL THAT DEEM SUITABLE)

Accepted Answer

RELEVANT COST, OPPORTUNISTICAL COST, BREAK-EVEN ANALYSIS, INCREMENTAL COST ANALYSIS

Question 2

MARKETING APPLICATION OF MANAGERIAL ECONOMICS INCLUDE:

Accepted Answer

DEMAND ANALYSIS AND PRICE ELASTICITY ANALYSIS

Question 3

IF DRIVE THROUGH WINDOW OF A FASTFOOD RESTAURANT IS FREQUENTLY SLAMMED SHUT AFTER SERVICE WHEN THE WINDOW OF NEXT STORE

Accepted Answer

IS SHUT GENTLY, WORKER AT THE OTHER STORE WINDOW IS PERHAPS BETTER PAID

Question 4

WHAT ARE SOME STRATEGY APPLICAITON OF MAANGERIAL ECONOMICS? (CHECK ALL THAT ARE CORRECT ANSWERS)

Accepted Answer

STRUCTURE-CONDUCT-PERFORMANCE ANALYSIS, TYPES OF COMPETITION, TYPES OF HOUSING

Question 5

WHICH OF THE FOLLOWING ITEMS CAN BE EXAMPLE OF FINANCE APPLICAITON OF MANAGERIAL ECONOMICS (CHECK ALL THAT APPLIES)

Accepted Answer

CAPITAL BUDGETING AND BREAK EVEN ANALYSIS, OPPORTUNITY COST AND ECONOMIC VALUE ADDED

Questions 5