Question
Imagine you are a small business owner. Pick a product you like. Now put your products in the market scenarios below and briefly discuss what
Imagine you are a small business owner. Pick a product you like. Now put your products in the market scenarios below and briefly discuss what strategies you would employ to make most profit possible.
In other words, imagine the MR = MC situation and things you'd do to reduce MC and maybe increase MR.
- Oligopoly market
- Perfect competition market
- Monopolistic competition market
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Economics For Environmental Studies A Strategic Guide To Micro-And Macroeconomics
Authors: Alfred Endres, Volker Radke
2012th Edition
364231192X, 978-3642311925
