Cost Structure and Perfectly Competitive Markets There exists a theoretical framework for a competitive market that assists in establishing the best possible outcome for society and consumers....
Latest News - Economics
Effects of Tariffs, Changing Trade Agreements and Manipulating Exchange Rates on the Total US Trade Balance Opinions of Credible Economists According to economists, trade deficits are not...
Unemployment and the Actual State of the USA’s Economy Introduction Unemployment is among the challenges facing today’s economy. Unemployment occurs when employed citizens are fired or...
Simulation Discussion – Production, Entry, and Exit Factors to Consider Before Market Entry and Exit The simulation this week was exciting. I loved predicting whether I would make money or not...
Memo – Microeconomics Simulations Memo To: My Business Partner From: [Insert your name] Date: [Insert date] Re: Microeconomics Simulations Introduction This memorandum report identifies and...
Proposed Policy to Improve Food-Cart Industry in Dirksville The business environment in Dirksville is perfectly competitive, and firms in the food cart industry have identical production technology....
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