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Managerial Economics - Review Session 1: Cosnumer Demand, Cost Analysis I/II
Автор: MBAtoGo
Загружено: 2022-11-13
Просмотров: 2470
Описание: This is the first review session for the MBA/EMBA course Managerial Economics at Columbia Business School. Having TA'd the course for several years, this video is a condensed version of what I used to cover in the first session. The focus is on solving revenue/profit maximization problems using the concepts of marginal revenue and marginla cost. As this is an introductory course, we don't use calculus in deriving the optimal price. Instead, we derive demand and cost curves in Excel from data on willingness to pay.
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