Lecture Managerial economics (8e): Chapter 2 - Samuelson, Marks
Lecture Managerial economics (8e): Chapter 2 - Samuelson, Marks
Chapter 2 - Optimal decisions using marginal analysis. This chapter introduces the analysis of managerial decision making that will occupy us for the remainder of the book. The chapter is devoted to two man topics. The first is a simple economic model of the private, profit-maximizing firm.