Posted: February 28th, 2017

Analyze how production and cost functions in the short run and long run affect the strategy of individual firms.

The specific course learning outcomes associated with this assignment are:

Analyze how production and cost functions in the short run and long run affect the strategy of individual firms.

Apply the concepts of supply and demand to determine the impact of changes in market conditions in the short run and long run, and the economic impact on a company’s operations.

Use technology and information resources to research issues in managerial economics and globalization.

Write clearly and concisely about managerial economics and globalization using proper writing mechanics.