Managerial Economics Assignment, UON, Malaysia Explain the term Explicit and Implicit costs. Give examples. What is Economic Profit as compared to Financial Profit
| University | University of Nottingham (UON) |
| Subject | Managerial Economics |
QUESTION 1
(a) Explain the term Explicit and Implicit costs. Give examples.
(b) What is Economic Profit as compared to Financial Profit? To compute Economic Profits, which costs are used? Give example.
QUESTION 2
(a) What is Price Discrimination? Give examples.
(b) Determine the conditions for price discrimination to be effective
QUESTION 3
(a) Oligopoly Market Structure – discuss the main features and basis of firm competition
(b) What is Monopolistic Competition? Give examples.
QUESTION 4
(a) Explain the term inflation and how it is measured.
(b) Describe the fiscal and monetary measures that are normally taken to curb inflation.
QUESTION 5
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 RM1,000. 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) Financial cost
(b) Economic Cost of doing an MBA
Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.
Get Help By Expert
If you're needing homework help Malaysia, then Assignmenthelper.my is the answer! We provide students with reliable homework helpers that have years of experience assisting students just like you. Our top priority is helping you achieve your academic goals, so we go above and beyond to ensure your assignments are done correctly. Just contact us today to get the best assignment help at the best prices!
Recent Solved Questions
- TBE103/03: Environmental Science and Design Report, WOU, Malaysia Green and sustainable development is globally promoted, and “Go Green” initiatives are also widely being encouraged in the country
- Object Oriented Development with Java Assignment, APU, Malaysia Design and implement a Hostel Management System and the target users are admin and student
- Programming Assignment, QUB, Malaysia The Borneo Car Rental Centre owns a collection of microcars, saloons, and multipurpose cars
- 310CT: Intelligent Agents Assignment, CU, Malaysia You are required to use JAM agent and design and develop a program so that the robots can collect all the rewards
- Project Management Research Paper, CU, Malaysia Loyalty is one of the greatest intangible assets that any organization can possess and improving client loyalty
- MPRM7113 Assessment City University Malaysia : Research Methodology
- UGB363: You have recently joined the investment team as a financial analyst at Supergrowth Investment PLC: Strategic Corporate Finance Assignment, USM, Malaysia
- A company, Photo Haven currently orders 15,000 hinges per month from E-Mach Manufacturing at MYR3.00 each: Business Mathematics Assignment, HU, Malaysia
- XDCS2014: Java Programming Assignment, UOW, Malaysia You are required to create a GUI application that can be used by students to keep track of their GPA / CGPA based on their grades for each module at the end of each semester
- BIT2133: Programming Concepts Course Work, UOC, Malaysia Students MUST keep a copy of all submitted work for reference purposes prior to the original being handed in and returned
