Discuss and demonstrate a good understanding of economics.

Words: 171
Pages: 1
Subject: Uncategorized

G‌‍‍‍‌‍‍‌‌‌‍‌‍‍‍‍‌‍‌‌oal: pick a large or small firm on what they do, about there annual profits, sales, market share, main products, and services. Identify the sector or industry they belong to, make comments on the demand curve, draw the demand curve and mid point. The pricing strategy, major cost categories wit‌‍‍‍‌‍‍‌‌‌‍‌‍‍‍‍‌‍‌‌h two major cost factors, map out short run cost curves like MC,AFC,AVC, ATC, and the profit maximization strategy, firms future strategy, and the firms financial strength. What would be other recommendations for sales, growth, profit, client retention and how the relationship with the public‌‍‍‍‌‍‍‌‌‌‍‌‍‍‍‍‌‍‌‌.

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