Questions from Managerial Economics


Q: The benefit-cost approach first surfaced in France during 1844.

The benefit-cost approach first surfaced in France during 1844. In this century, benefit-cost analysis has been widely used in the evaluation of river and harbor projects since as early as 1902. In th...

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Q: : Optimal Input Usage. Medical Testing Labs, Inc., provides

Optimal Input Usage. Medical Testing Labs, Inc., provides routine testing services for blood banks in the Los Angeles area. Tests are supervised by skilled technicians using equipment produced by two...

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Q: Monopolistically Competitive Equilibrium. Soft Lens, Inc., has enjoyed rapid

Monopolistically Competitive Equilibrium. Soft Lens, Inc., has enjoyed rapid growth in sales and high operating profits on its innovative extended-wear soft contact lenses. However, the company faces...

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Q: Safecard Corporation offers a unique service. The company notifies credit card

Safecard Corporation offers a unique service. The company notifies credit card issuers after being informed that a subscriber's credit card has been lost or stolen. The Safecard service is sold to car...

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Q: Project Valuation. The Central Perk Coffee House, Inc., is

Project Valuation. The Central Perk Coffee House, Inc., is engaged in an aggressive store refurbishing program and is contemplating expansion of its in-store baking facilities. This investment project...

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Q: Courtney-Cox, Inc., is a Texas-based manufacturer

Courtney-Cox, Inc., is a Texas-based manufacturer and distributor of components and replacement parts for the auto, machinery, farm, and construction equipment industries. The company is presently fun...

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Q: The long-run supply curve for a given competitive firm

The long-run supply curve for a given competitive firm can be written as QF= -250 + 8P or P = $31.25 + $0.125QF. Explain why the amount supplied by 50 such competitors is determined by multiplying the...

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Q: On May 12, 2000, the two daily newspapers in

On May 12, 2000, the two daily newspapers in Denver, Colorado, filed an application with the U.S. Department of Justice for approval of a joint operating agreement. The application was filed by The E...

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Q: An antitrust case launched more than a decade ago sent tremors throughout

An antitrust case launched more than a decade ago sent tremors throughout the academic community. Over the 1989 -91 period, the Department of Justice (DOJ) investigated a number of highly selective pr...

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Q: In a celebrated case tried during 1998, The Department of Justice charged

In a celebrated case tried during 1998, The Department of Justice charged Microsoft Corporation with a wide range of anti-competitive behavior. Among the charges leveled by the DOJ was the allegation...

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