MANAGEIAL ECONOMICS (H.CRAIG PETERSEN, W.CRIS LEWIS) Chapter#1 Introduction to Managerial Economics SOLUTION by sadaf_faruqui in Types. Find great deals for Managerial Economics by H. Craig Peterson and W. Cris Lewis (1998, Hardcover). Shop with confidence on eBay!

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NEW TO THIS EDITION • NEW - Features eight Integrating Case Study problems, one at the end of each major section of the text. These problems integrate material from the chapters in the section—and, in some cases, from earlier chapters as well— in the form of a major student assignment. The use of some or all of these cases allows for more in-depth analysis and application of the concepts. Pg.___ • NEW - Revises the highly successful TOOLS software package • for a Windows environment for a more visual and student-friendly program. Self-contained, menu-driven, and easy to use with virtually no instruction, TOOLS allows instructors to assign more complicated, realistic problems. The software contains routines that enable students to solve problems involving time value of money, expected value and standard deviation, trend projection and exponential smoothing, multiple regression, input-output analysis, and linear programming. Download from • www.prenhall.com/petersen.

• NEW - Updates the Instructor's Manual to include a greatly expanded base of over 1000 multiple-choice questions. Pg.___ • NEW - Increased emphasis on the objective of shareholder value. Offers structure to the shareholder value concept by including new material on the principal-agent problem and the need to align the interests of the two groups.

Pg.___ • NEW - Includes a major new section on managing risk—including insurance, diversification, and hedging—to provide better integration in Chapter 14, Risk and Decision Making. Pg.___ • NEW - Adds other new material on such topics as factor productivity, stages of production, and contestable markets.

Pg.___ • NEW - Includes a number of new case examples drawn from real world experiences. Pg.___ • NEW - Adds an appendix on consumer choice theory to complement the material on demand theory and analysis. Pg.___ • Concept/Example format introduces each basic economic concept and then applies it to a real-world problem—immediately relating economic principles to managerial decision making. Pg.___ • Key Concepts sections throughout summarize material at frequent intervals. Pg.___ • Case studies and worked examples illustrate concepts and provide background for solving the end-of-chapter problems. • Features eight Integrating Case Study problems, one at the end of each major section of the text.

These problems integrate material from the chapters in the section—and, in some cases, from earlier chapters as well— in the form of a major student assignment. The use of some or all of these cases allows for more in-depth analysis and application of the concepts. Pg.___ • Revises the highly successful TOOLS software package • for a Windows environment for a more visual and student-friendly program. Self-contained, menu-driven, and easy to use with virtually no instruction, TOOLS allows instructors to assign more complicated, realistic problems.

The software contains routines that enable students to solve problems involving time value of money, expected value and standard deviation, trend projection and exponential smoothing, multiple regression, input-output analysis, and linear programming. Download from • www.prenhall.com/petersen. • Updates the Instructor's Manual to include a greatly expanded base of over 1000 multiple-choice questions. Pg.___ • Increased emphasis on the objective of shareholder value.

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