Evaluate the concepts of supply and demand to identify and determine the impact

Evaluate the concepts of supply
and demand to identify and determine the impact of changes in market
conditions in the short-run and long-run and identify the economic
impact on a company’s operations.
Analyze
production and cost – the fundamental blocks on the supply side of the
market – in the short and long-run. Use short run and long run firm
production and cost functions to analyze and understand the behavior and
strategy of individual firms and industries.
-Select an article from the news of the past week that illustrates one or
two of the concepts that are discussed in chapters 1 and 2. In a paper
of two pages ( briefly summarize the article and discuss the underlying economic
concept(s) of the article.
-Managerial Economics, 7th Edition
Keat, Young and Erfle
ISBN: 9780133020267

Leave a Reply

Your email address will not be published.