Discussion 1. Managerial Economics Write 400 words in length. Managerial Economics Course Description: An application of microeconomic principles to business decision-making. Economic theory and quantitative methods are applied to managerial decisions about pricing, production, profit maximization, and government restraints. It is presumed the student has an understanding of preliminary calculus. Managerial Economics Course Objectives: At the end of this course, students should be able to: • Understand Managerial Economics and provide concrete examples of managerial decisions • Examine the optimality condition in terms of the basic components, marginal revenue and marginal cost. • Evaluate the statistics that are generated by regression analysis. • Apply optimization concepts to cost minimization and optimal decision making. • Explore how monopolies are maintained through barriers to entry. • Examine competitive strategies: entry deterrence and settings involving coordination and bargaining. • Define the notions of uncertainty, probability, and expected value. • Determine how decisions are delegated within organizations and to consider the choice between centralized and decentralized decisions. Now that we have come to the end of the course, please share what you learnt in this course and how you plan to apply what you learn to your own personal and professional life? Discussion 1. Follow Discussion Grading Rubric Instructions The post adequately discusses the proposed topic and sufficiently answers questions. The entire post is controlled by a clear purpose. The reader moves easily from one point to the next No Plagiarism Professionalism No Copyright Issues No Spelling and Grammar Mistakes APA 7 Style Cite Refences If you use outside references, please cite them, and use references, APA style 7th. Discussion 2. Entrepreneurship and New Venture Management Write 400 words in length. This activity aligns to the following course objectives: Develop an awareness of entrepreneurship/new venture start-up issues. Apply key business concepts to various business problems/situations. Question 1-Discuss IP and how it affects entrepreneurs. Question 2-Compare entrepreneurial marketing with traditional marketing. Discussion 2. Follow Discussion Grading Rubric Instructions Student responds to discussion board with thoughtful, insightful response using appropriate business terminology. Student provides detailed response and adds to discussion with new ideas or information. No Plagiarism Professionalism No Copyright Issues No Spelling and Grammar Mistakes APA 7 Style Cite References If you use outside references, please cite them, and use references in APA style 7th.