Class Notes (835,494)
Canada (509,211)
MGCR 293 (74)
Lecture

MANAGERIAL ECON FORMULAS.docx

2 Pages
225 Views
Unlock Document

Department
Management Core
Course
MGCR 293
Professor
Tariq Nizami
Semester
Fall

Description
MANAGERIAL ECONOMICS FORMULAS  CHAPTER 1 Theory of the firm/ present value of expected future profits: ∑ Equilibrium : Qd=Qs  APPENDIX A Marginal cost: MC=C’(x) Marginal revenue: MR=R’(x)=(q*p)’ Marginal profit: MP=P’(x)=(TR-TC)’  CHAPTER 2 Demand function: Q=-b P+1 I-b2S+b3A 4 (Price of X, Income of consumers, Price of other goods, Advertising expenditures,…) Price elasticity of demand: η= η>-1 : demand inelastic η
More Less

Related notes for MGCR 293

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit