Managerial Economics A Problem Solving Approach 1st Edition by by Luke M. Froeb - Test Bank

,Test Bank

Managerial Economics:
A Problem-Solving Approach
Luke Froeb
Brian McCann




COPYRIGHT © 2008
Thomson South-Western, a part of The Thomson Corporation. Thomson, the Star logo, and South-
Western are trademarks used herein under license.

,Notes to Professors
 For those professors using the MBA Primer, note that the first 60 questions can be used as
quizzes similar to those that appear in the MBA Primer’s Managerial Economics section.
Questions 1-10 equate to “Lesson Quiz: Using Economics in Management Decisions”; questions
11-20 to “Lesson Quiz: Understanding the Seller’s Cost”; questions 21-30 to “Lesson Quiz:
Understanding the Buyer’s Demand”; questions 31-40 to “Lesson Quiz: Understanding the
Markets and Profit Maximizing”; and questions 41-60 to the “Post-Test.”

 The multiple choice questions map to chapters as indicated on the following page. Correct
answers to multiple choice questions are indicated by (**).

 The relevant chapters for the short-answer questions are included with each question.

 The questions in the category, Longer Questions, are designed to be used in midterm and final
exams, often testing concepts across chapters.




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