Determine the equilibrium price and quantity

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For this assignment, choose a major publicly traded automotive producer, such as General Motors, Ford, Toyota, or Volkswagen. Then, research this company's production and inventory levels, and operational cost information, along with price and sales data for the most recent quarter available.

Determine the equilibrium price and quantity and explain its meaning to your chosen company. Indicate how your chosen company's management should use this information to make sound strategic decisions.

Reference no: EM13206634

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