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Buyer surplus - PowerPoint PPT Presentation


Quick Review

Quick Review

Quick Review. Methodology of Managerial Economics --model -- marginal analysis -- other things equal -- timing: time discount rate, net present value Market --Demand --Supply -- Equilibrium. Bob Lutz –GM’s Vice-chairman in 2004.

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611 views • 43 slides



Demand

Demand

Demand. IMBA NCCU Managerial Economics Lecturer: Jack Wu. Managerial Economics. Managerial economics: Science of directing scarce resources to manage more effectively resources – financial, human, physical management of customers, suppliers, competitors, internal organization

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298 views • 28 slides


Reservation Prices

Reservation Prices

Reservation Prices. P. S1. P1. D1. Q. Q1. Before we saw that when we have supply and demand together in a market the equilibrium occurred where the supply and the demand curve cross.

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185 views • 7 slides


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