Test Bank for Managerial Economics 5th Edition

What Is This Product

Test Bank for Managerial Economics, 5th Edition is an essential study tool designed to help students master the principles of decision-making, pricing strategies, and strategic management in an economic context. This comprehensive test bank includes a diverse set of exam-style questions and answers, covering key topics to enhance critical thinking and problem-solving skills in managerial economics.

Table of Contents:

Part I: Problem Solving and Decision Making

1. Introduction: What This Book Is About
2. The One Lesson of Business
3. Benefits, Costs, and Decisions
4. Extent (How Much) Decisions
5. Investment Decisions: Look Ahead and Reason Back

Part II: Pricing, Cost, and Profits

1. Simple Pricing
2. Economies of Scale and Scope
3. Understanding Markets and Industry Changes
4. Market Structure and Long-Run Equilibrium
5. Strategy: The Quest to Keep Profit from Eroding
6. Foreign Exchange, Trade, and Bubbles

Part III: Pricing for Greater Profit

1. More Realistic and Complex Pricing
2. Direct Price Discrimination
3. Indirect Price Discrimination

Part IV: Strategic Decision Making

1. Strategic Games
2. Bargaining

Part V: Uncertainty

1. Making Decisions with Uncertainty
2. Auctions
3. The Problem of Adverse Selection
4. The Problem of Moral Hazard

Part VI: Organizational Design

21. Aligning Employee Goals with Organizational Success
22. Ensuring Divisions Operate in the Company’s Best Interest
23. Managing Vertical Relationships

Part VII: Wrapping Up

1. You Be the Consultant

This Managerial Economics test bank is ideal for business students, MBA candidates, and educators looking for a structured question bank to reinforce key economic concepts and decision-making strategies.