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Individual Assignment: Simulation
AnalysisUsing the link provided on Week Four of the
rEsource page, access and complete the simulation, Economics for Managerial
Decision Making: Market Structures.
· Resources: Economics for Managerial Decision
Making: Market Structures simulation
· Write a 700- to 1,050- word paper where you explain
the following in the context of the simulation:o
Create a solution using strategic variables
available to you to sustain the economic profits the firm can earn.
o What are some of the pricing strategies that you
would recommend?
o What are some of the non-pricing strategies that
you would recommend?
o What kind of
innovations would you propose to sustain the organization’s uniqueness?
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