We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>
ECO404 Assignment No 01 Solution & Discussion Due Date: Nov 22, 2016
ECO404 - Managerial Economics Assignment No. 1 Solution Fall 2016 Due Date: Nov 22, 2016
MANAGERIAL ECONOMICS (ECO404)
DUE DATE: 22 NOVEMBER, 2016
Nestle Pakistan is one of the leading food and beverage companies in Pakistan with key focus on nutrition, health and wellness. The top priority of the company is to produce good quality and safely products with environment friendly operations. Different brands of the company include ambient dairy, coffee, bottled water, juices, baby food and breakfast cereals. Let the profit function of Nestle Pakistan is given as under
π = 60x – 3x2 –xy – 3y2 + 200y
Subject to the following constraint:
x + y = 14
Keeping in view the above information, use the Lagrangian Multiplier method to calculate:
Note: You are advised to watch video lectures as well as study handouts and recommended text books before attempting the assignment. Write down all relevant steps involved in
24 hours extra / grace period after the due date is usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
RULES FOR MARKING
Please note that your assignment will not be marked, if:
PowerPoint, PDF etc.
Note related to load shedding: Please be proactive Dear students!
As you know that Pre Mid-Term semester activities have started and load shedding problem is also prevailing in our country. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments, quizzes or GDBs.
WISHING YOU BEST OF LUCK FOR THE WHOLE SEMESTER!
.+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)
+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)+ Click Here to Search (Looking For something at vustudents.ning.com?) + Click Here To Join (Our facebook study Group)
What is the procedure of finding the value of x & y after getting equatioin 4..??
simple eq solve karo and get value
For Ambreen only
From Equation 3 y= 14 - x , putting this value of y in Equation 4 we get x value as following
– 5X + 5Y -140=0
x = - 7........now find x in the same way then lamda
Thnk u for replying :
plzzzzz upload complete solution ...
what ur problem it very simple seee page no 13 and 14 and sole it similarly
Interpretation bhe same likh dain...as per book...or what??
Dear Students Don’t wait for solution post your problems here and discuss ... after discussion a perfect solution will come in a result. So, Start it now, replies here give your comments according to your knowledge and understandings....
Eco 404 assignment solution
yes this the right solution.