Wednesday
October 1, 2014

Homework Help: managerial economics

Posted by tina on Sunday, August 8, 2010 at 3:54pm.

The Owner-manager of Good Guys Enterprises obtains utility from income (profit) and from having the firm behave in a socially conscious manner, such as making charitable contributions or civic expenditures. Can you set up the problem and derive the optimization conditions if the owner-manager wishes to obtain a specific level of utility at the lowest possible cost? Do these conditions differ from the utility-maximizing conditions?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics - 2.The owner-manager of Good Guys Enterprises obtains utility from ...
home economics - The owner-manager of Good Guys enterprises obtains utility from...
economics - The owner-manager of Good Guys Enterprises obtains utility from ...
Please Help! Rate of change... - Taxes: Along with incomes, peoples charitable ...
Find the rate of change - Taxes: Along with incomes, peoples charitable ...
managerial economics - A firm uses a single plant with costs C= 160 +16Q +.1Q2 ...
Managerial Economics Question - 1)The Midnight hour, a local nightclub, earned $...
Economics - A firm uses a single plant with costs C = 160 + 16Q + .1Q2 and faces...
ECONOMICS - A firm uses a single plant with costs C= 160 +16Q +.1Q2 and faces ...
business - Suppose the Internal Revenue Service is studying the category of ...

Search
Members