# All Educational Materials for BUS 207 at Simon Fraser University (SFU)

## Popular Study Guides

SFUBUS 207Karen RuckmanFall

## BUS 207- Final Exam Guide - Comprehensive Notes for the exam ( 72 pages long!)

72 Page
30 Nov 2017
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SFUBUS 207Mark MooreSpring

## BUS 207- Final Exam Guide - Comprehensive Notes for the exam ( 41 pages long!)

41 Page
29 Mar 2018
Economics: economics is the study of decision-making in the presence of scarcity. Managerial economics: managerial economics in the application of econ
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SFUBUS 207Karen RuckmanFall

## [BUS 207] - Final Exam Guide - Ultimate 32 pages long Study Guide!

32 Page
29 Nov 2016
Marginal benefits total benefits of last unit consumed. Goes down w/ more units consumed diminishing marginal returns. Addition to tc from last unit pr
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SFUBUS 207Karen RuckmanFall

## BUS 207- Midterm Exam Guide - Comprehensive Notes for the exam ( 72 pages long!)

72 Page
5 Oct 2017
Likewise, profits = total revenue total cost: = tr tc, so to max profits w. r. t. I(cid:374) o(cid:396)de(cid:396) to sol(cid:448)e the max p(cid:396)o
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SFUBUS 207Karen RuckmanSpring

## BUS 207 Study Guide - Quiz Guide: Marginal Revenue, Arc Elasticity, Price Elasticity Of Demand

3 Page
1 Apr 2015
Setting demand equal to supply yields 12. 4 - 4q = -2. 6 + 2q. P = 12. 4 -(4)(2. 5) = -2. 6 + (2)(2. 5) = . 40. The actual price need not be equal to e
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SFUBUS 207AllSummer

## BUS 207 Study Guide - Unemployment Benefits, Autarky

2 Page
25 Oct 2014
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SFUBUS 207AllSummer

## BUS 207 Study Guide - Sales Promotion, Podcast, Marketing Buzz

2 Page
24 Oct 2014
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SFUBUS 207AllFall

## BUS 207 Study Guide - Mobile Phone, Customer Relationship Management, Eye Contact

5 Page
23 Oct 2014
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SFUBUS 207AllFall

## Chapter 8 - Summary

3 Page
24 Oct 2014
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SFUBUS 207AllFall

1 Page
23 Oct 2014
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Frequently-seen exam questions from 2014 - 2018.
SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter Notes - Chapter 5: Price Ceiling, Price Floor, Shortage

10 Page
29 Jun 2019
Question 1: greater or above, less or below, demand; reduction (decrease, adjust (increase, supply; reduction (decrease, adjust (fall); supply; purchas
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SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter 2: Chapter 2

12 Page
29 Jun 2019
Question 1: models (or theories, endogenous; exogenous, (conditional) prediction; empirical, (positively) correlated; causal, self-interest; utility; p
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SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter 3: Chapter 3

10 Page
29 Jun 2019
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SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter Notes - Chapter 4: Grape, Neurosurgery, Economic Equilibrium

12 Page
29 Jun 2019
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SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter Notes - Chapter 7: Average Variable Cost, Average Cost, Diminishing Returns

12 Page
29 Jun 2019
Question 1: production function, implicit costs, capital; time, economic profits, short run; long run. Question 2: diminishing returns (to the variable
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SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter 1: Chapter 1

9 Page
29 Jun 2019
Question 2: self; self-interest, incentives created by market prices, firms; households; governments, increase (maximize); increase (maximize, margin;
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SFUBUS 207Bernie MaroneySummer

14 Page
29 Jun 2019
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SFUFall

146 Page
30 Jun 2019
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SFUSpring

## BUS 312 Lecture Notes - Lecture 2: Growth Capital, Financial Statement, Income Statement

7 Page
6 Apr 2019
Assignment 2: the following information is available on the financial accounts of abc corporation. You can presume that depreciation for tax and for fi
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SFUSpring

## BUS 312 Lecture 4: BUS 312 Lecture : 4

4 Page
6 Apr 2019
Feb. 12, 2019: (10 marks) abc company has breakeven dollar sales of ,000 per annum and invested capital of ,500,000. The forecast for the upcoming year
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## BUS 207 Lecture Notes - Economic Equilibrium, Marginal Revenue, Price Discrimination

3 Page
22 Nov 2012
A monopolist produces a single homogeneous good, which she sells in two distinct markets. Tc = 1/3 q3 - 7. 5q2 + 370q + 100. The demand curves in the t
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## BUS 207 Lecture Notes - Lecture 1: Microeconomics, Marginal Cost, Marginal Product

4 Page
21 Oct 2017
Managerial economics deals with the application of microeconomic theory and methodology to decision-making problems. Study of rational behavior rationa
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SFUBUS 207Mark MooreFall

## BUS 207 Lecture Notes - Lecture 6: Market Power, Average Variable Cost, Marginal Cost

6 Page
10 Apr 2016
A criical determinant of irm behavior and of industry performance (especially proitability) Refers to the number and size distribuion of sellers, the d
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SFUBUS 207Mark MooreSpring

## BUS 207 Lecture Notes - Lecture 1: Positive Statement, Excess Supply, Inferior Good

21 Page
25 Jan 2018
Economics: economics is the study of decision-making in the presence of scarcity. Managerial economics: managerial economics in the application of econ
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SFUBUS 207Karen RuckmanSpring

## BUS 207 Lecture Notes - Lecture 2: Marginal Revenue, Board Foot, Economic Equilibrium

2 Page
1 Apr 2015
The lumber industry was hit hard by the subprime mortgage turmoil in 2008. Prices plunged from per thousand board feet to less than per thousand boar
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SFUBUS 207Mark MooreFall

## BUS 207 Lecture Notes - Lecture 7: Economic Equilibrium, Substitute Good, Perfect Competition

5 Page
10 Apr 2016
A market structure in which there are a few, large irms compeing in a market where some barriers to entry exist. Barriers lead to fewness, which leads
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SFUBUS 207Mark MooreSpring

## BUS 207 Lecture Notes - Lecture 2: Negative Number, Dependent And Independent Variables, Regression Analysis

7 Page
25 Jan 2018
Price elasticity of demand: is the percentage change in quantity demanded (q) divided by the percentage change in price (p). Arc price elasticity: it i
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SFUBUS 207Mark MooreFall

## BUS 207 Lecture Notes - Lecture 1: Nash Equilibrium, Exogeny, The Criminals

6 Page
10 Apr 2016
Small-scale depicions of reality that try to include enough detail to be useful. Must make assumpions about how individual agents behave in order to de
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SFUBUS 207Mark MooreFall

## BUS 207 Lecture Notes - Lecture 3: Switching Barriers, Arc Elasticity, Perfect Competition

7 Page
10 Apr 2016
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SFUBUS 207Karen RuckmanSpring

## BUS 207 Lecture Notes - Lecture 4: Fixed Cost, Production Function

3 Page
1 Apr 2015
Q1: why is apple inc vertically integrated? (hint: governance structure) Q2: explain under what circumstances, a hold up problem will exist. Q3: suppos
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## Popular Textbook Notes

SFUBUS 207Karen RuckmanSpring

## BUS 207 Chapter Notes - Chapter 6: Form 10-Q, Market Clearing, Price Floor

1 Page
1 Apr 2015
Perfect competition example questions: suppose the cost function for a firm is given by c(q) = 100 + q2. One example is called a price floor , where th
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SFUBUS 207AllFall

## Chapter 4 - Summary

5 Page
23 Oct 2014
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SFUBUS 207Karen RuckmanFall

## BUS 207 Chapter Notes - Chapter 1-3: If And Only If, Sensitivity Analysis, Marginal Revenue

2 Page
17 Oct 2016
Managerial economics = analysis of major management decisions using tools of economics. 6 steps to decision making: define problem, determine objective
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## Review chapter 1 of BUS207

3 Page
27 May 2011
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SFUBUS 207AllFall

4 Page
24 Oct 2014
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## BUS 207 Chapter Notes - Chapter 1: Historical Cost, Switching Barriers, Customer Switching

7 Page
28 May 2011
Managerial economics provides useful insights into every facet of the business and nonbusiness world in which we live-including household decision maki
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SFUBUS 207Karen RuckmanSpring

## BUS 207 Chapter Notes - Chapter 1: Marginal Revenue, Marginal Cost, Form 10-Q

3 Page
8 Mar 2016
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SFUBUS 207Karen RuckmanWinter

## BUS 207 Chapter Notes - Chapter 5: Ulog

5 Page
30 Jan 2012
The production manager strives to produce any given level of output at minimal total cost and continually seeks less costly ways to produce the firm s
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SFUBUS 207Karen RuckmanFall

## BUS 207 Chapter Notes - Chapter 2: If And Only If, Demand Curve, Marginal Revenue

1 Page
31 Oct 2017
2 optimal decisions using marginal analysis (p. 27-54) Marginal analysis = process of considering small changes in decision & determining whether a giv
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SFUBUS 207AllFall

1 Page
24 Oct 2014
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## Most Popular

SFUBUS 207Karen RuckmanFall

## BUS 207- Midterm Exam Guide - Comprehensive Notes for the exam ( 72 pages long!)

72 Page
5 Oct 2017
Likewise, profits = total revenue total cost: = tr tc, so to max profits w. r. t. I(cid:374) o(cid:396)de(cid:396) to sol(cid:448)e the max p(cid:396)o
View Document
SFUBUS 207Karen RuckmanFall

## [BUS 207] - Final Exam Guide - Ultimate 32 pages long Study Guide!

32 Page
29 Nov 2016
Marginal benefits total benefits of last unit consumed. Goes down w/ more units consumed diminishing marginal returns. Addition to tc from last unit pr
View Document

## BUS 207 Lecture Notes - Economic Equilibrium, Marginal Revenue, Price Discrimination

3 Page
22 Nov 2012
A monopolist produces a single homogeneous good, which she sells in two distinct markets. Tc = 1/3 q3 - 7. 5q2 + 370q + 100. The demand curves in the t
View Document
SFUBUS 207Karen RuckmanSpring

## BUS 207 Study Guide - Midterm Guide: Demand Curve, Perfect Competition

1 Page
6 May 2016
Identify the type of oligopoly competition that airlines engage in (cournot or bertrand) during the shoulder season (ie: september-november) and explai
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## Study Questions for Final Exam

2 Page
26 Sep 2011
Assess the validity of the following: if true, mark true; if false, explain why the statement is false. (1) So long as the demand for cigarettes is not
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SFUBUS 207Karen RuckmanFall

## BUS 207 Final Exam Reading Notes

13 Page
28 Nov 2011
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SFUBUS 207Mark MooreSpring

## BUS 207- Final Exam Guide - Comprehensive Notes for the exam ( 41 pages long!)

41 Page
29 Mar 2018
Economics: economics is the study of decision-making in the presence of scarcity. Managerial economics: managerial economics in the application of econ
View Document
SFUBUS 207Karen RuckmanFall

## BUS 207- Final Exam Guide - Comprehensive Notes for the exam ( 72 pages long!)

72 Page
30 Nov 2017
View Document
SFUBUS 207Karen RuckmanSpring

## BUS 207 Chapter Notes - Chapter 6: Form 10-Q, Market Clearing, Price Floor

1 Page
1 Apr 2015
Perfect competition example questions: suppose the cost function for a firm is given by c(q) = 100 + q2. One example is called a price floor , where th
View Document
SFUBUS 207Karen RuckmanFall

## BUS 207 Study Guide - Final Guide: Adverse Selection, Bid Rigging, Taipei Metro

30 Page
16 Sep 2016
Marginal benefits total benefits of last unit consumed. Goes down w/ more units consumed diminishing marginal returns. Addition to tc from last unit pr
View Document

## Most Recent

SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter Notes - Chapter 7: Average Variable Cost, Average Cost, Diminishing Returns

12 Page
29 Jun 2019
Question 1: production function, implicit costs, capital; time, economic profits, short run; long run. Question 2: diminishing returns (to the variable
View Document
SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter Notes - Chapter 6: Jeans, Shortage, Durable Good

14 Page
29 Jun 2019
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SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter Notes - Chapter 5: Price Ceiling, Price Floor, Shortage

10 Page
29 Jun 2019
Question 1: greater or above, less or below, demand; reduction (decrease, adjust (increase, supply; reduction (decrease, adjust (fall); supply; purchas
View Document
SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter Notes - Chapter 4: Grape, Neurosurgery, Economic Equilibrium

12 Page
29 Jun 2019
View Document
SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter 3: Chapter 3

10 Page
29 Jun 2019
View Document
SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter 2: Chapter 2

12 Page
29 Jun 2019
Question 1: models (or theories, endogenous; exogenous, (conditional) prediction; empirical, (positively) correlated; causal, self-interest; utility; p
View Document
SFUBUS 207Bernie MaroneySummer

## BUS 207 Chapter 1: Chapter 1

9 Page
29 Jun 2019
Question 2: self; self-interest, incentives created by market prices, firms; households; governments, increase (maximize); increase (maximize, margin;
View Document
SFUBUS 207Mark MooreSpring

## BUS 207- Final Exam Guide - Comprehensive Notes for the exam ( 41 pages long!)

41 Page
29 Mar 2018
Economics: economics is the study of decision-making in the presence of scarcity. Managerial economics: managerial economics in the application of econ
View Document
SFUBUS 207Mark MooreSpring

## BUS 207 Lecture Notes - Lecture 3: Behavioral Economics

11 Page
25 Jan 2018
View Document
SFUBUS 207Mark MooreSpring

## BUS 207 Lecture Notes - Lecture 2: Negative Number, Dependent And Independent Variables, Regression Analysis

7 Page
25 Jan 2018
Price elasticity of demand: is the percentage change in quantity demanded (q) divided by the percentage change in price (p). Arc price elasticity: it i
View Document

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