Eco GM 561 week 4 Team Assignment: Simulation Analysis - 7247

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  Team Assignment: Simulation Analysis—Economics for Managerial Decision Making: Market Structures

 

Quasar is a computer company that has designed a unique innovation through its optical notebook.

 

·         Resources: Economics for Managerial Decision Making: Market Structures simulation

·         Complete the simulation, Economics for Managerial Decision Making: Market Structures.

·         Write a paper of no more than 1,050 words where you explain the following in the context of the simulation.

 

o    Create a set of pricing and non-pricing strategies designed to enable Quasar to maximize its economic profits, in each market structure, as global competitive forces work to transition from monopoly to oligopoly to monopolistic competition to pure competition. In your report, include a discussion of how Quasar could justify investment in technology, research and development, and economic efficiency to maximize its economic profits within each market structure. Identify where in the global market Quasar will face the greatest competition and in those countries analyze commercial policies in place to protect the computer industry from competition. How could Quasar offset these policies to remain competitive?

 

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   Team Assignment: Simulation Analysis—Economics for Managerial Decision Making: Market Structures

 

Quasar is a computer company that has designed a unique innovation through its optical notebook.

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ECO GM 561 Week 4 -  Simulation Analysis.docx
ECO GM 561 Week...