looking at the questions I would say around 2 pages would be about what I’d expect–make sure you put thought into it, get into the question more than just superficially, and you should be able to easily get to the two pages. Note: on the first question, describe the issues and WHY they’d need to be resolved rather than just listing them–let me know why you’re putting them on the list of issues to be resolved. What are the problems that those issues could cause, in other words.
This is the name of the book that I use:
• Managerial Economics: Applications, Strategy and Tactics. McGuigan, J., R. Moyer and F. Harris. 13th edition. Stamford, CT. 2014