Managerial Economics Assignment, UON, Malaysia Explain the term Explicit and Implicit costs. Give examples. What is Economic Profit as compared to Financial Profit
| University | University of Nottingham (UON) |
| Subject | Managerial Economics |
QUESTION 1
(a) Explain the term Explicit and Implicit costs. Give examples.
(b) What is Economic Profit as compared to Financial Profit? To compute Economic Profits, which costs are used? Give example.
QUESTION 2
(a) What is Price Discrimination? Give examples.
(b) Determine the conditions for price discrimination to be effective
QUESTION 3
(a) Oligopoly Market Structure – discuss the main features and basis of firm competition
(b) What is Monopolistic Competition? Give examples.
QUESTION 4
(a) Explain the term inflation and how it is measured.
(b) Describe the fiscal and monetary measures that are normally taken to curb inflation.
QUESTION 5
Mr. Rahim is planning to pursue MBA studies. Initial inquiry shows that he will have to pay RM 25,000 as a tuition fee, buy books for RM 1,000, and pay for transport for RM1,000. The MBA study program will extend over 15 months. Mr. Rahim is working now with a salary of RM 2,500 per month. Being a full-time student, he will have to forego the income from his present job for the period of study.
Work out:
(a) Financial cost
(b) Economic Cost of doing an MBA
Get Help By Expert
If you're needing homework help Malaysia, then Assignmenthelper.my is the answer! We provide students with reliable homework helpers that have years of experience assisting students just like you. Our top priority is helping you achieve your academic goals, so we go above and beyond to ensure your assignments are done correctly. Just contact us today to get the best assignment help at the best prices!
Recent Solved Questions
- MPU3412: Bincangkan topik berikut dalam forum dan serahkan bukti penyertaan anda dalam perbincangan dalam talian: Community Service Assignment, OUM, Malaysia
- Identify solutions for Domino’s to prevent similar incidents in the future with relevant examples and concepts: Corporate Communication Assignment, Malaysia
- Construction Law Assignment, STU, Malaysia Explain to Fairuz the validity of the agreement and illustrate your answer with relevant cases under the law of contract
- Ethics and Legal Implications Assignment, UMS, Malaysia Legal assignment The U.S. firm Apple operates a digital ecosystem with its own hardware and software
- Human Resources Management Thesis, UTM, Malaysia I have decided to conduct a study on occupational stress and work-life balance in the private sector
- NBBS1313: Psychology and Sociology for Nurses Essay, OUM, Malaysia The purpose of this assignment is to discuss psychological and sociological studies’ influences on the health and well-being community
- MBSA1623: Leading talent in organization Assignment, UITM, Malaysia Choose one of the topics in Talent Management in a chosen industry and Identify the key problem in the topic
- CSC126: Analyze simple real-world problems, organize effective algorithmic solutions for the problems and construct computer programs to solve: Fundamentals of Algorithms and Computer Problem Solving, Assignment, UTM, Malaysia
- TAX467: Statutory Business Income of Sinar Indah Shop for the year assessment 2023: Taxation Assignment, UiTM, Malaysia
- Contract law Assignment, TP, Malaysia What you have learned? What is the takeaway? What are the skills acquired from this subject? Will you be using this skill in future
