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Managerial Economics 3rd Edition Froeb Solutions Manual
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Product details:
- ISBN-10 : 1133951449
- ISBN-13 : 978-1133951445
- Author:
Table of contents:
- Section 1: Problem Solving and Decision Making
- Chapter 1: Introduction: What This Book Is About
- 1.1 Using Economics to Solve Problems
- 1.2 Problem-Solving Principles
- 1.3 Test Yourself
- 1.4 Ethics and Economics
- 1.5 Economics in Job Interviews
- Summary & Homework Problems
- End Notes
- Chapter 2: The One Lesson of Business
- 2.1 Capitalism and Wealth
- 2.2 Does the Government Create Wealth?
- 2.3 How Economics Is Useful to Business
- 2.4 Wealth Creation in Organizations
- Summary & Homework Problems
- End Notes
- Chapter 3: Benefits, Costs, and Decisions
- 3.1 Background: Variable, Fixed, and Total Costs
- 3.2 Background: Accounting versus Economic Profit
- 3.3 Costs Are What You Give Up
- 3.4 Sunk-Cost Fallacy
- 3.5 Hidden-Cost Fallacy
- 3.6 A Final Warning
- Summary & Homework Problems
- End Notes
- Chapter 4: Extent (How Much) Decisions
- 4.1 Fixed Costs Are Irrelevant to an Extent Decision
- 4.2 Marginal Analysis
- 4.3 Deciding between Two Alternatives
- 4.4 Incentive Pay
- 4.5 Tie Pay to Performance Measures That Reflect Effort
- 4.6 Is Incentive Pay Unfair?
- Summary & Homework Problems
- End Notes
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