Exams are coming!
Get ready with premium notes and study guides!

Textbook Notes for EC260 at Wilfrid Laurier University (WLU)

  • 31 Result
  • About WLU
WLUEC260Jason DeanFall

EC260 Chapter Notes - Chapter 2: Normal Good, Marginal Revenue, Strategic Management

OC11439107 Page
0
Industry and firm demand functions: market demand function: the relationship between the quantity demanded and the various factors that influence this
View Document
WLUEC260Jason DeanFall

EC260 Chapter Notes - Chapter 1: Economic Equilibrium, Demand Curve, Shortage

OC11439104 Page
0
View Document
WLUEC260Olivia Ozlem MestaSummer

EC260 Chapter Notes - Chapter 11: Maxima And Minima, Marginal Cost, Tacit Collusion

OC114897811 Page
3
Since there are such few firms, cooperation among rival firms can increase profits, decrease uncertainty, and raise barriers to entry. It is difficult
View Document
WLUEC260Olivia Ozlem MestaSummer

EC260 Chapter Notes - Chapter 8: Demand Curve, Marginal Utility, Marginal Product

OC114897813 Page
4
Characteristics of a monopoly: there is only one seller, the product is unique, the seller has considerable power over price, barriers to entry are ver
View Document
WLUEC260Olivia MestaWinter

EC260 Chapter Notes - Chapter 13: Price Discrimination, Sherman Antitrust Act, Externality

OC1436534 Page
3
Ec260 chapter 13: advanced topics in business strategy. Strategy where an incumbent (existing firm) prices below the monopoly price in order to keep po
View Document
WLUEC260Olivia Ozlem MestaSummer

EC260 Chapter Notes - Chapter 7: Variable Cost, Demand Curve, Reservation Price

OC114897813 Page
5
Market structure affects the pricing power of a firm so we define markets based on their degree of pricing power. On one end of the spectrum lies the p
View Document
WLUEC260Olivia MestaWinter

EC260 Chapter Notes - Chapter 10: Extensive-Form Game, Subgame, Subgame Perfect Equilibrium

OC1436537 Page
4
Playoffs to plays are the profits or losses resulting from strategies. Simultaneous-move game: each player makes decisions with knowledge of other play
View Document
WLUEC260Olivia Ozlem MestaSummer

EC260 Chapter Notes - Chapter 14: Risk Premium, Utility, Risk Neutral

OC11489789 Page
1
We define risk as a hazard or chance of experiencing a loss. We define probability as the likelihood or chance that an event will take place. If r is t
View Document
WLUEC260Olivia Ozlem MestaSummer

EC260 Chapter Notes - Chapter 9: Marginal Cost, Price Discrimination, Marginal Revenue

OC11489789 Page
0
Price discrimination is a pricing strategy in which customers are charged different prices for the same good or service. The motivation behind price di
View Document
WLUEC260Olivia MestaWinter

EC260 Chapter Notes - Chapter 2: Shortage, Price Ceiling, Static Analysis

OC1436537 Page
4
Ec260 chapter 2: market forces: demand and supply. Shows the amount of a good that will be purchased at alternative prices, holding other factors const
View Document
WLUEC260Olivia Ozlem MestaSummer

EC260 Chapter Notes - Chapter 16: Adverse Selection, Life Insurance, Relative Risk

OC11489785 Page
1
The term lemon is used to refer to a used car that turns out to have a lot of problems - used cars with no hidden defects are called gems. A famous pap
View Document
WLUEC260Olivia Ozlem MestaSummer

EC260 Chapter Notes - Chapter 15: Downside Risk, Call Option, Root Mean Square

OC114897811 Page
0
Principal-agent issues arise when managers (agents) make decisions that affect the wealth of shareholders (principals) and the interests of the princip
View Document
Showing 1 — 12 of 31 result
View all professors (4+)

Textbook Notes (270,000)
CA (160,000)
WLU (8,000)
EC (1,000)
EC260 (30)