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ECO561 / ECO 561 / Week 4 Individual Assignment: Simulation Analysis

ECO561 / ECO 561 / Week 4 Individual Assignment: Simulation Analysis

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Published by Number1Tutor
Individual Assignment: Simulation Analysis
Using the link provided on Week Four of the rEsource page, access and complete the simulation, Economics for Managerial Decision Making: Market Structures.
 Resources: Economics for Managerial Decision Making: Market Structures simulation
 Write a 700- to 1,050- word paper where you explain the following in the context of the simulation:
o Create a solution using strategic variables available to you to sustain the economic profits the firm can earn.
o What are some of the pricing strategies that you would recommend?
o What are some of the non-pricing strategies that you would recommend?
o What kind of innovations would you propose to sustain the organization’s uniqueness?
Individual Assignment: Simulation Analysis
Using the link provided on Week Four of the rEsource page, access and complete the simulation, Economics for Managerial Decision Making: Market Structures.
 Resources: Economics for Managerial Decision Making: Market Structures simulation
 Write a 700- to 1,050- word paper where you explain the following in the context of the simulation:
o Create a solution using strategic variables available to you to sustain the economic profits the firm can earn.
o What are some of the pricing strategies that you would recommend?
o What are some of the non-pricing strategies that you would recommend?
o What kind of innovations would you propose to sustain the organization’s uniqueness?

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Published by: Number1Tutor on Feb 18, 2011
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