We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>
+ Link For Assignments, GDBs & Online Quizzes Solution
+ Link For Past Papers, Solved MCQs, Short Notes & More
Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion
How to Add New Discussion in Study Group ? Step By Step Guide Click Here.
SEMESTER SPRING 2014
MANAGERIAL ECONOMICS (ECO404)
DUE DATE: 11th July, 2014
ABC Technology Corp. Ltd is a leading supplier of standard 128 MB-RAM
computer chip. This Corporation was established in 1980 and has manufactured
computer chips by employing excellent team with broad experience. There are a
number of competitors of ABC’s manufactured chips as they are producing the
same output in terms of its shape, size and speed. ABC Technology Corp. Ltd
has a large market share and earns huge profit due to cost minimization. But, top
management has analyzed that this robust market competition can decrease the
equilibrated market price level. The total and marginal cost functions of ABC
Technology Corp. Ltd are:
TC=50,000 +35Q +0.0002Q2
MC=¶TC/¶Q=35 + 0.0004Q
Where Q is the number of computer chips produced.
A- By taking into account the forecasting of top management and above
total and marginal cost functions of ABC Limited Company, calculate
Company’s optimal output and profits if chip prices are stable at $45
B- If chip price fall to $40 due to high competition then calculate ABC
Limited Company’s optimal output and profits/Loss.
(Marking scheme: 10+10)
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.
OTHER IMPORTANT INSTRUCTIONS:
· Make sure to upload the solution file before the due date on VULMS.
· Any submission made via email after the due date will not be accepted.
· Use the font style “Times New Roman” or “Arial” and font size “12”.
· It is advised to compose your document in MS-Word format.
· You may also compose your assignment in Open Office format.
· Use black and blue font colors only.
RULES FOR MARKING
Please note that your assignment will not be marked if,
· It is submitted after the due date.
· The file you uploaded does not open or is corrupt.
· It is in any format other than MS-Word or Open Office; e.g. Excel,
PowerPoint, PDF etc.
· It is cheated or copied from other students, internet, books, journals etc.
Note related to load shedding: Please be proactive
As you know that Post 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.
Best of Luck!
.+ 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)