Managerial Economics (5th Edition)
Solutions and explanations
Introduction: What This Book Is About
The One Lessor of Business
Benefits, Costs, and Decisions
Extent (How Much) Decisions
Investment Decisions: Look Ahead and Reason Back
Simple Pricing
Economies of Scale and Scope
Understanding Markets and Industry Changes
Market Structure and Long-Run Equilibrium
Strategy: The Quest to Keep Profit from Eroding
Foreign Exchange, Trade, and Bubbles
More Realistic and Complex Pricing
Indirect Price Discrimination
Strategic Games
Bargaining
Making Decisions with Uncertainty
Auctions
The Problem of Adverse Selection
The Problem of Moral Hazard
Getting Employees to Work in the Firm's Best Interests
Getting Divisions to Work in the Firm's Best Interests
Managing Vertical Relationships