Case Study II

 Review the following case study and answer the questions that are provided. Provide a complete and detailed response. The purpose of the case study is for you to express your knowledge of concepts and theories of managerial economics learned in chapters 2 and 3 of the text and the assigned readings. You may use the CSU Online Library and other reliable sources in presenting solutions to the case. Best Homes Inc., a real estate company, has two sources of income. The first is from rental properties and the second is from sales of new construction. The company makes $18,000 on each new construction home with a projection of 20 homes in 2017. Rentals are projected to add approximately $25,000, which is almost the amount of fixed costs of operation for the same period. Variable costs are unknown. Respond to the following questions: Based on your knowledge of marginal analysis, what should the company do to earn optimal income? At what point should it discontinue operation? Explain the theories of supply and demand and market equilibrium and how they apply to this case. Discuss marginal revenue and marginal cost as applied to this case. How would the market forces of demand and supply determine the company’s profit maximization? Your response must be a minimum of two pages in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All citations should be in APA format, and your paper should be formatted in accordance to APA style. 

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency