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ECO201E :managerial economics

ECO201E Managerial Economics f ...

Answer: Answer a It portraits the market of festive goods. The demand for festive goods is presented as DD. SS curve represents the supply curve for festive goods. Demand and supply balances at po ...






Singapore University of Social Sciences

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More ECO201E managerial economics: Questions & Answers


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ECO201E managerial economics

1. “The main reason why inefficiency occurs is profit. Perfectly competitive firms are efficient because they are making zero profit in the long run. If the government can impose regulation to make a monopolist earns zero profit, the monopolist can also be efficient”. Discuss the validity of this statement with suitable diagrams for a perfectly competitive firm and a monopolist. ...

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ECO201E Managerial Economics

Question: Profit Maximiser and Welfare Maximiser For question 4, worked out solution for 4 (a): The Demand equation for Alpha is known to be : D = $1000-bQ To find out b, based from the diagram, b = (P1 - P2) / (Q1 - Q2) When P1 = $1000, Q1 = 0 When P2 = $100, Q2 = 180 b = ($1000-$100) / (0-180) b = 5 Therefore, the demand equation for Alpha is: D = $1000-5Q. will require the solutions for: (b) ...

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Referencing Related to ECO201E managerial economics


The Growth Of The Private Wealth Management Industry In Singapore And Hong Kong

In-text: ((Aun Long, Jek and Danny Tan.2010))

Your Bibliography: Aun Long, Jek and Danny Tan. ( 2010). "The growth of the private wealth management industry in Singapore and Hong Kong" (PDF). Capital Markets Law Journal. 6 (1): 104–126. doi:10.1093/cmlj/kmq022. Retrieved 18 April 2013.

BAUMOL, W. J., & BLINDER, A. S. (2015). 

Microeconomics: Principles And Policy.

In-text: ((Baumol,2015))

Your Bibliography: Baumol, W. J., & Blinder, A. S. (2015). Microeconomics: Principles and policy. Cengage Learning.


Principles Of Microeconomics.

In-text: ((Bernanke,2015))

Your Bibliography: Bernanke, B., Antonovics, K., & Frank, R. (2015). Principles of microeconomics. McGraw-Hill Higher Education.

COWEN, T., & TABARROK, A. (2015). 

Modern Principles Of Microeconomics.

In-text: ((Cowen,2015))

Your Bibliography: Cowen, T., & Tabarrok, A. (2015). Modern Principles of Microeconomics. Palgrave Macmillan.

FINE, B. (2016)


In-text: ((Fine,2016))

Your Bibliography: Fine, B. (2016). Microeconomics. University of Chicago Press Economics Books.

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