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ECO 561 Week 4 Individual Assignment Simulation Analysis
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ECO 561 Week 4 Individual Assignment Simulation Analysis

This Tutorial was purchased 4 times & rated A by student like you.

 

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Individual Assignment: Simulation

AnalysisUsing 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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