Management Assignment Answers Sample Online

Assignment Detail:

• Words: 2500

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Part A

1. The Shampo Company manufactures soap bars. Fixed costs are $50 to run the business. Fill in for fixed cost (FC), total cost (TC), average variable cost (AVC), average total cost (ATC), marginal cost (MC).

(10 Marks)

Marginal revenue per unit for the Shampo products being $0.05 which would be the quantity of production chosen by the manufacturer?

(5 marks)

2. The table below shows the amount of demand and supply for gold.

What is the equilibrium price and quantity in the market? Explain

Now, imagine that because Bitcoin’s interest, the demand for gold decreases by 2 tons a month. Calculate the new equilibrium price and quantity and explain why the direction of the price shift makes intuitive sense.

(15 marks)

3. Calculate and explain each of the type for the following elasticities: Price increases from $100 to $110 quantity demanded moves from 10 to 7. Price decreases from $11 to $10 quantity supplied moves from 90 to 75.

Price of A increases from $2 to $2.5, quantity demanded of B moves from 10 to 11.

Price of A decreases from $3.5 to $3, quantity demanded of B moves from 10 to 9. (10 Marks)

4. Using examples from companies of your choice, explain the two pricing techniques of your choice from those discussed in class.

Tips: name the product or service and provide details of the prices, then explain why it has been designed in this way and the rationale of its use in this particular case.

(10 Marks)

5. Explain the concept of comparative advantage using two goods or services and how this leads to corporate specialization.

(10 Marks)

6. Explain the constraints faced by government in the production of public resources? Which constraints do they face and how does this relate to the theory of the consumer, also explain the main difference between the two.

Tips: Using a 2 resources/goods case write an introduction and a conclusion. (20 Marks)

Also Checkout: Free Assignment Samples

Part B

Question 1: Cost-Benefit Analysis in International Logistics

Imagine you are a manager of a multinational company involved in international logistics. Conduct a cost-benefit analysis of implementing a new logistics strategy for your global supply chain. Consider factors such as transportation costs, inventory carrying costs, and customs duties. Discuss how managerial economics principles can be applied to optimize decision-making in international logistics. Provide specific examples and recommendations based on your analysis.

(5 Marks)

Question 2: Government Policies and International Logistics

Explore the impact of government policies on international logistics and supply chain management. Choose a specific country and analyze how trade policies, tariffs, and regulations influence the efficiency and cost-effectiveness of the logistics operations for businesses operating in that country. Discuss how managers can navigate and strategize in response to government interventions, applying managerial economics concepts. Provide real-world examples to support your analysis and suggest managerial strategies to mitigate risks associated with governmental policies in international logistics.

(5 Marks)

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