MCE604: Managerial Economics Assignment, AeU, Malaysia Mr. Rahim is planning to pursue MBA studies. Initial inquiry shows that he will have to pay RM 25,000 as a tuition fee
| University | Asia e University (AeU) |
| Subject | MCE604: Managerial Economics |
QUESTION 1
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 RM 1,000.
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) the Financial cost, and (b) the Economic Cost of doing an MBA
QUESTION 2
A firm has the following revenue and cost functions.
TR = 90 Q – Q²
TC = 2Q²+ 30 Q
Determine the quantity level at which the firm maximizes its total profit.
Are You Searching Answer of this Question? Request Malaysian Writers to Write a plagiarism Free Copy for You.
QUESTION 3
Explain the term price elasticity of demand. How is it measured? If the price elasticity is -3 and RM 200 is the marginal cost of product X, what should be the optimal sale price?
QUESTION 4
Explain price discrimination. What are the conditions to make price discrimination effective? Provide your answers with examples from the Airline Industry.
QUESTION 5
Briefly explain how firms compete/set prices under the Oligopoly market structure.
QUESTION 6
What is Inflation? Briefly discuss the various Fiscal and Monetary policies that are generally adopted to curb inflation
Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.
Get Help By Expert
If you’re looking for assignment help in Malaysia, look no further. Our team of professionals has extensive experience in the field of assignment writing and can provide quality services at competitive prices. You can also get essay help, coursework help, and dissertation assistance from our experienced team. We understand the importance of timely delivery and accurate work, so you can rest assured that your assignment will be submitted on time. So why wait? Get in touch with us and get the best assignment help in Malaysia. We guarantee you won’t be disappointed!
Recent Solved Questions
- EAC6013 Academic Writing Assignment Saito University College
- Management Information Systems Report, AU, Malaysia To create a report and dashboard of sales analytics. Also, using the power bi technique, different customer types, product groups
- SBFS1103: Thinking Skills and Problem-Solving Assignment, OUM, Malaysia In the 21st century, it has become essential for companies to be digitally literate in a challenging business environment
- ECW1101: Introductory Microeconomics Assignment, MUM, Malaysia A price ceiling that is below the perfectly competitive equilibrium price creates a deadweight loss because it leads
- MDS502: Data Management Assignment, CU, Malaysia ability to create a database system and design a model for comprehensive data management
- BAC10204 Assignment 2: Business Report and Presentation Management & Science University
- Managerial Economics Assignment, UON, Malaysia Explain the term Explicit and Implicit costs. Give examples. What is Economic Profit as compared to Financial Profit
- HTM705: Strategic Marketing for Hospitality and Tourism Essay, CU, Malaysia It is apparent that in the 21st-century marketing environments, companies are drastically altering their business
- BBF305/03: Investment and Portfolio Management Assignment, WOU, Malaysia Merry Karthik is a bank executive who has just inherited a large sum of money Having spent several years in the bank’s investments department
- Mathematics Assignment, SU, Malaysia Box Company is designing a rectangular box with a square-based pyramid lid that will have a cuboid volume of 2020 m3
