Analyze organizational costs and identify technical

Assignment Help Microeconomics
Reference no: EM13836331

This investment opportunity analysis project is designed to guide you through the process of applying key components of advanced microeconomics theories to typical business decisions. You will assume the role of an entrepreneur, and you will conduct an analysis focusing on an investment opportunity of your choice. In your analysis you will carefully evaluate key factors influencing the demand for the product, cost and supply issues, the role of market structure, and competitive analysis on firm strategy.

You will also analyze the effects of government regulations and market intervention on potential profitability, and you will use price and non-price strategies to support product introduction. Using the above analyses, the last step in your final project requires you to model the potential financial viability of the proposed new product using approximate figures. You will determine whether or not to recommend investing in the development and commercialization of the investment opportunity to your business partners.

This assignment will assess your mastery of the following course outcomes:

• Analyze product demand, company revenues, and the effects of external market influences through the use of microeconomic principles

• Analyze organizational costs and identify technical and economically efficient methods of production and acquisition of resources through the use of microeconomic principles and tools

• Evaluate the effect of market structure and consumer behavior on firm strategies and profitability

• Recommend pricing strategies based on marketing conditions, which improve firm profitability and can be effectively implemented

• Evaluate government regulations and interventions for their effects on business and market performance

Reference no: EM13836331

Questions Cloud

Firms total revenues equal its total costs : In the short run, the price at which a firm's total revenues equal its total costs is?
A fixed resource is one that : A fixed resource is one that?
Draw one data flow diagram depicting the logical equivalent : Draw one data flow diagram depicting the logical equivalent for the business process description provided: You are assigned the role to develop a new system based on the project case study.
Conduct several searches using the databases in the library : Conduct several searches using the databases in the Library
Analyze organizational costs and identify technical : Analyze organizational costs and identify technical and economically efficient methods of production and acquisition of resources through the use of microeconomic principles and tools
Create a provider database and related reports : Create a provider database and related reports and queries to capture contact information for potential PC componentproviders that might be used to purchase the equipment your specified in your MS Word project - the PC specifications
The coddling of the american mind : The Coddling of the American Mind
What the kinked demand curve model of oligopoly : Outline what the kinked demand curve model of oligopoly seeks to explain. What are the major points of this theory? How does the kinked demand theory of oligopoly differ from other theories in terms of explaining the behavior of companies in an oligo..
Scoring guide-international economics and scoring standard : Research one case of trade restriction, implemented by any nation. Research your topic, using at least 2 sources, and write a brief report (approximately 2 pages) on your findings. Scoring Guide-International Economics, Scoring Standard

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Offshore petroleums fixed costs are 2500000 selling price

offshore petroleums fixed costs are 2500000. selling price per barrel of oil is 18 and variable costs per barrel are

  What is safety factor of part under this design arrangement

Assume that the following data are known for a mechanical part under design: Load Stress is normally distributed with? s=15,000 psi and?s=4,000 psi Strength of part is also normally distributed with ?ST=30,000 psi and ?ST=3,000 psi What is the safety..

  Explain which family has unit elastic demand for restaurant

it is an important tradition in the santos family that that they eat the same meal at their favorite restaurant every

  Is formula for determining correct level of output mr

a cupcake store is located in a mall and is the only cupcake store in that mall.nbsp the demand schedule for cupcakes

  Demonstrate a strong grasp of the problem

You demonstrate a strong grasp of the problem at hand. You demonstrate understanding of how the course concepts apply to the problem. Be sure to have a comprehensive description of each company and supporting data.

  European standard far less than that of us following wwii

The European standard or level of living rose from far less than that of the US following WWII to a level similar to that of the US today. What were the political and economic developments that permitted this?

  Considering buying a new bottle-capping machine.

A company is considering buying a new bottle-capping machine. The initial cost of the machine is $1.2M and it has 10-year life.

  How is total risk measured-what is a portfolio

How is total risk measured? What is a portfolio? Why is the standard deviation of a portfolio less than the average standard deviation of the assets in the portfolio? What is systematic risk? What are the other names for it? What is unsystematic risk..

  Irrespective of economic conditions

Think about our economy. Irrespective of economic conditions, we consume many goods and services in various quantities. There is a constant allocation and re-allocation of resources. How does this happen?

  Explain why the policies might at first succeed

Suppose the government misjudges the natural rate of unemployment to be much lower than it actually is, and thus undertakes expansionary fiscal and monetary policies to try to achieve the lower rate.

  Suppose that portugal and austria both produce rye

Suppose that Portugal and Austria both produce rye and cheese. Portugal's opportunity cost of producing a pound of cheese is 5 bushels of rye while Austria's opportunity cost of producing a pound of cheese is 10 bushels of rye.

  Suppose the person lives for two periods

Suppose the person lives for two periods, U = u(c1) + bu(c2), and can acquire an asset at price q, with c1 = w1 – qa and c2 = (d + q*)a + w2, where d = dividend and q* = selling price.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd