Social Studies, 25.11.2021 08:40, krose5807

Please prepare an 8-to-15-page report concerning microeconomic issues faced by a firm of your choice. You will apply microeconomic theory and make your own recommendations in this report. • Please discuss the firm – What do they do? Please offer some key statistics on the firm such as sales, market share and some product information. In general, are they a successful firm or are they in trouble. Please only concentrate on one product or service if they sell many products and services.

• Please say something about their industry – Are they operating in a competitive market, an oligopoly, cartel, monopolistic competition or a monopoly. Please comment on who their largest competitors are. What is the current situation in the industry – is the industry facing special problems such as new government regulations, international competition, etc…

• Please comment on the firm’s demand curve – Do your best to draw the demand curve and try to calcul

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Please prepare an 8-to-15-page report concerning microeconomic issues faced by a firm of your choice...