Managerial Economics Theory Applications and Cases 8th Edition Allen Solutions Manual

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Product Details:

• ISBN-10 ‏ : ‎ 0393124495
• ISBN-13 ‏ : ‎ 978-0393124491
• Author: W. Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield

Table of contents:

1. Part 1: The Need for a Guide
2. Chapter 1: Introduction
3. The Theory of the Firm
4. What is Profit?
5. Reasons for the Existence of Profit
6. Managerial Interests and the Principal–Agent Problem
7. Demand and Supply: A First Look
8. The Demand Side of a Market
9. The Supply Side of a Market
10. Equilibrium Price
11. Actual Price
12. What If the Demand Curve Shifts?
13. What If the Supply Curve Shifts?
14. Summary
15. Problems
16. Excel Exercise: Demand, Supply, and Market Equilibrium
17. Part 2: The Nature of Markets
18. Chapter 2: Demand Theory
19. The Market Demand Curve
20. Industry and Firm Demand Functions
21. The Own-Price Elasticity of Demand
22. Point and Arc Elasticities
23. Using the Demand Function to Calculate the Price Elasticity of Demand
24. The Effect of Price Elasticity on the Firm’s Revenue
25. Funding Public Transit
26. Determinants of the Own-Price Elasticity of Demand
27. The Strategic Use of the Price Elasticity of Demand
28. Total Revenue, Marginal Revenue, and Price Elasticity
29. The Income Elasticity of Demand
30. Cross-Price Elasticities of Demand
31. The Advertising Elasticity of Demand
32. The Constant-Elasticity and Unitary Elastic Demand Functions
33. Summary
34. Problems
35. Chapter 3: Consumer Behavior and Rational Choice
36. Indifference Curves
37. The Marginal Rate of Substitution
38. The Concept of Utility
39. The Budget Line
40. The Equilibrium Market Bundle
41. Maximizing Utility: A Closer Look
42. Corner Solutions
43. How Managers Can Strategically Influence Consumer Choices
44. Deriving the Individual Demand Curve
45. Deriving the Market Demand Curve
46. Consumer Surplus
47. Summary
48. Problems

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