Economics of Enterprise Answers

a.      If the wealth of the stockholder is decreasing ever since he hired the new manager, using EVA rule of thumb explain what would be the value of EVA and what is its economic interpretation. 

"A fundamental academic subject which seems to understand and analyse the problems of business decision making

Can a two-person game, in which each player has two actions, has infinitely many mixed strategy Nash equilibria? If yes, illustrate a game which has such a Nash equilibrium. If no, explain your argument.

Jame detail confectionery items newspaper magazines and secret and he is milk bad thing is business is not living 3 thought of selling out fires and role as well to test his idea he decides to make a total of rule and price per day to finance this idea is allocated to fix per day cost of Dollar 19 to 12 for both role and files is cost of Dollar 2.30 and is per cost of Dollar 2.50 to produce they will sell at dollar 4.70 parole and Dollar 5.20 per pie so does James make a profit or loss when 50rolls and 50pies are produced and sold one particular day??

At what point should a firm stop producing with regards to economies of scale , constant return to scale and diseconomics of scale . Give a situational example in this regard

Due to the COVID-19, the price of hand-sanitizer increases from 150 taka to 250 taka. In response, the

quantity demanded declines from 20 units to 15 units.

(a) Calculate the price elasticity of demand. (5)

(b) Explain if the demand is elastic or inelastic. Based on the elasticity, what change (increase,

decrease, or keep it the same) in price the seller can do to maximize his total revenue? Explain your

answer.

Find Y* and C*

Y= C+ I+G

C=25+6Y*1/2

I=16

G= 14

i.                Following the given equations of costs and its supposed price, find the equilibrium costs and equilibrium quantities

a.    ATC=3Q² +12Q+350,                    P = 60

b.    TC = 300Q² +10Q+120,          P = 40 

a.      If the wealth of the stockholder is decreasing ever since he hired the new manager, using EVA rule of thumb explain what would be the value of EVA and what is its economic interpretation. 

State the six steps in managerial decision making that lead to competitive advantage