& Scope of Managerial Economics Contents Fundamental Economics Concepts: Opportunity Cost‚ Discounting principle‚ Time perspective‚ Incremental reasoning‚ Equi-marginal concept. Marginal concept in economics. Economics of information: Risk‚ Uncertainty‚ Asymmetry of information‚ Adverse Selection‚ Market Signaling. The theory of firm; Econometric Models & Economic optimization. ____________________________________________________________________________________ Economics Basics: Introduction
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Five economic problems and five social problems of the philippines? social: 1. lack of individualism. don’t need to abandon social structures totally. 2. colonial mentality. royalty‚ status symbols‚ subservience 3. western influence. don’ love their own 4. parinig system 5. authoritarian economic: 1. leaders are mostly landowners who don’t know how to make a profit 2. consumers are lured by too many commercial establishments like KFC‚ McDo‚ Jollibee‚ Levis‚ etc. even those who cannot really
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MEANING SCOPE AND METHODS OF MANAGERIAL ECONOMICS INTRODUCTION Emergence of managerial economics as a separate course of management studies can be attributed to at least three factors.: (a) growing complexity of business decision making process due to changing market conditions and business environment (b) consequent upon‚ the increasing use of economic logic ‚ concepts theories and tools o economic analysis in the process of business decision making (c) Rapid increase in demand for professionally
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Chapter IV: RESULTS AND DISCUSSIONS This chapter deals with the presentation‚ analysis and interpretation of data gathered by the researchers. Its main concern is to determine the present system in order to know the reason why the proposed system should be developed. Table 2 Frequency and Percentage Distribution Of the Respondents Respondents Frequency (f) Percentage (%) Student 170 98.77 Faculty 2 1.23 Total 172 100 Table 1. shows the respondents of the study. It shows that there were 160 or
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Organizational communication Reading reflection: CH-9 communicating gender at work This reading touched down on three feminist perspectives that can be used to further understand power relations within organizational life. The three perspectives are liberal‚ radical‚ and critical feminist. The author argues that the critical feminist perspective is the better one of the three to use while looking at organizational communication in relation to power. In the later part of this reading masculinity
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10F + 5S = 100 where F is food and S is shelter‚ how much food can he buy if he purchases 2 units of shelter? Plug in number Student Response Value A. 10 B. 5 C. 20 D. 9 100% Score: 1/1 2. If the consumer’s budget constraint is given by 10F + 5S = 100 where F is food and S is shelter‚ what is the opportunity cost of food in terms of shelter? F/S Student Response Value A. 5 B. 2 C. 15 D. 10 0% Score: 1/1 3. If the consumer’s budget constraint is given
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Homework #3: Question 1. Problem and Application 4 on page 285. Please work on a‚ b‚ c‚ d‚ and e only. That is‚ ignore f. When you reconstruct the table in your work‚ please lower the space for Marginal Product and Marginal Cost by a half step. In other words‚ the first entries of Marginal Product and Marginal Cost should be aligned with the second entries of other columns. (50 points) Table of Costs: Worker Output Marginal Product Total Cost Average Total Cost Marginal Cost 0 0 --
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Chapter Four! Greece and Iran 1000 – 30 B.C.E. ⅠAncient Iran 1000 - 500 B.C.E • Also known as the Persian Empire. • Little written materials are left. A. Geography and Resources • Northwest Iran was more open to attacks by the nomads of Central Asia. • Irrigation in the first millennium B.C.E. enabled people to move to open plains so they could plant. • Under ground irrigation channels. • Human survival depended on a delicate ecological balance. B. the Rise of the Persian Empire • “Iranians”
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Chapter 4 Student: ___________________________________________________________________________ 1. Many international business ethical issues arise as a result of all BUT which one of the following? A. Differences in economic development B. Differences in legal systems C. Differences in monetary exchange rates D. Differences in cultures E. Differences in politics 2. ___________ is/are a course of action‚ which international businesses take that does not violate a company’s accepted principles
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material is deformed beyond its elastic limit. Stress and Strain The elastic properties of solids are discussed in terms of stress and strain. Stress‚ s is the force acting on a unit cross-section area. Stress‚ The unit of stress is N m-2 or Pascal (Pa) There are three types of stress‚ they are: (i) Tensile stress (ii) Compressive stress (iii) Shear stress Strain‚ e is defined as the extension per unit length.
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