Fundamentals of Managerial Economics |
Contents
Optimization Through Marginal Analysis | 23 |
Rules for Finding Derivatives of Commonly Used | 53 |
An Introduction To Regression Analysis | 62 |
Copyright | |
41 other sections not shown
Common terms and phrases
advertising algebraic average cost average product average variable cost Big Sky Foods calculated capital chapter CMAT Cobb-Douglas coefficient constant constraint consumers consumption cost curve cost function decision decreasing demand curve demand function determined dollars dummy variables econometric economic elasticity of demand equal equation error estimate example expect Explain firm firm's fixed cost given graph in Figure income elasticity increase independent variables industry isocost isoquant level of output linear programming linear regression long-run marginal cost marginal product marginal revenue market demand market share maximize moving average MRTS multiple regression negative percent price discrimination price elasticity problem production function profit purchase Q₁ quantity quarter regression analysis regression model relationship represents returns to scale RMSE sales forecast slope statistical t-ratios Table total cost total revenue trend units of labor units of output variable input widget X₁