Managerial Economics Class Cases
Based on the running chapter case in the text book. Read the section in the introduction.
- Chapters 1, 2, 3. What information do you need to make the decisions?
- Chapter 4. What factors affect demand for beverages?
- Chapter 5. Forecast sales from Table 5.1, 5.2
- Chapter 6. How do you evaluate production costs? Which are fixed versus variable?
- Chapter 7. Which firm has negotiating leverage? How can it be used?
- Chapter 8. If the market is perfectly competitive to this firm, what is the estimated output and potential profit? How will you choose the final price and output?
- Chapter 9. Use the cost curves and determine the amount of money that can be spent on a marketing campaign to justify the higher price. Hint: You need to avoid a loss.
- Chapter 10, 11. What factors affect the price you can charge to large bulk buyers?
- Chapter 13, 15a. Build the spreadsheet in Chapter 13 but use the current Czech/US exchange rate. Based on interviews in 15a, what is next for the beverage industry?