'Marginal revenue marginal cost' presentation slideshows

Economics & Principles of Management

Economics & Principles of Management. Supply. Supply - Definition. Supply means the quantity offered for sale by sellers at particular prices, during a certain period of time. Law of supply. The higher the price , greater the supply, lower the price lower the supply. Supply Curve DVDs.

2k views • 198 slides

Chapter 9: Perfect Competition

Chapter 9: Perfect Competition. Thus far we have examined how the consumer and firm attempt to optimize their decisions The results of this optimization depend on the set-up of the economy In this course we will examine the extreme set-ups: Perfect Competition and Monopoly.

1.06k views • 72 slides

Chapter 9: Perfect Competition

Chapter 9: Perfect Competition. Thus far we have examined how the consumer and firm attempt to optimize their decisions The results of this optimization depend on the set-up of the economy In this course we will examine the extreme set-ups: Perfect Competition and Monopoly.

1.09k views • 72 slides

Chapter 10:

Chapter 10:. Perfect Competition. Objectives. After studying this chapter, you will be able to: Define perfect competition Explain how firms make their supply decisions and why they sometimes shut down temporarily and lay off workers

531 views • 53 slides

Service Management

Service Management. Operational Efficiency. Resource. ????? ???? ????? ? ? ?. Why and what. Why? - Dominant proportion * GE: 1980 (Manufacturing:85%, Service 15%) 2000 (Manufacturing:25%, Service 75%) - Old paradigms cannot manage it efficiently What?

551 views • 27 slides

Chapter 8

345 views • 26 slides

Marginal Analysis

Marginal Analysis. A Key to Economic Analysis. Marginal Analysis. Marginal analysis is used to assist people in allocating their scarce resources to maximize the benefit of the output produced. Simply getting the most value for the resources used. Marginal Analysis.

449 views • 26 slides

Foundations of Economics 4e Chapter 12: Monopoly

523 views • 23 slides

Marginal Analysis

Marginal Analysis. Comparing Benefits and Costs A Key to Economic Analysis. Marginal Analysis. Marginal analysis is used to assist people in allocating their scarce resources to maximize the benefit of the output produced. Simply getting the most value for the resources used.

245 views • 23 slides