ECON 340 University of Bahrain Applied Microeconomics Questions


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ECON 340
First Semester, 2021-2022
Total marks: 10 marks (Chapters 1, and 2)
Student name:
Section No:
Please read these instructions BEFORE answering the assignment.
1- After answering the assignment, you should save it as a PDF file and upload on BB
2- You should submit the assignment BEFORE Nov.15, 2021, @ 11:5PM. After this date it will not
accepted and not graded.
3- Write answer from your own understanding, copy & paste answer will not be acceptable.
Question 1 : (3 marks)
Write Short Notes:
A- Applied Microeconomics
B- Opportunity Cost
C- Optimal decision
Question 2: (2 marks)
Discuss the Maximization procedure enlighten with Multivariate function.
(Note: Answer should be minimum 50 words and maximum 100 words.)
Question 3: (2 marks)
What are the role of manager, and discuss how to achieve the organizational goals?
(Note: Answer should be minimum 50 words and maximum 100 words.)
Question 4: (3 marks)
Explain the relationship of Managerial economics with other discipline like Management
Science, Marketing, and Managerial accounting.
(Note: Answer should be minimum 60 words and maximum 120 words.)
Best of luck

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opportunity cost

applied microeconomics

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