Q. How does a business owner applying the concept of marginal costs decide how much to produce?

Q. How does the impact of fixed costs change production decisions in the short run and in the long run?

Q. what market inefficiencies derive from monopolies and monopolistic competition.

Q. How do firms in an oligopolistic market set their prices?

Q. how do firms that compete in the four different market structures determine profitability.

Q. How will microeconomics principles impact your business decisions moving forward?