Managerial Economics & Business Strategy 8th Edition by Michael Baye,Jeff Prince

Exercise 20

Your instructor may assign additional problem-solving exercises (called memos ) that require you to apply some of the tools you learned in this chapter to make a recommendation based on an actual business scenario. Some of these memos accompany the Time Warner case (pages 561-597 of your textbook). Additional memos, as well as data that may be useful for your analysis, are available online at www.mhhe.com/baye8e.