Cost of production overall market and recommendations.

Cost of production overall market and recommendations. The purpose of this milestone is for students to explore the various costs their firm faces and to describe their firm’s mark et. Using the concepts and tools developed in Modules Four and Five, students will analyze the fixed and variable costs of their firm, how those costs have changed over time, and how those changes have impacted their firm’s overall health and sustainability. In analyzing their firm’s market, students will detail the extent of their firm’ s market power and their firm’s ability to influence the market. Students will also describe major trends in the market, specifically concer ning new products, technologies, and new entrants. Students can further determine the future health of their firm to inform their final recommendations by examining their firm’s place within the market. Prompt: Submit