Assignment 1: their objectives and strategy , are these objectives substitutes for or complements to maximizing profits.(How to use economic analysis to make decisions to achieve firm’s goal of profit maximization)
Hint :How to use economic analysis to make decisions to achieve firm’s goal of profit maximization
Assignment 2: two points you have to obtain and discuss (A) price elasticity of demand and level of competition (b) price and income elasticity of demand and decision making . Discuss elastic and inelastic
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