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Hello My friend please assist me with a discussion due 7/7/16 and assignment (Attachment) due 7/8/16
Topic: examine how costs of production are analyzed by the firm in determining the level of production at different price levels set by the perfectly competitive market.
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Topic 1 Discussion topic: Your Own BusinessAssume that you are going to start a small business of your own.Describe the business and, utilizing the concepts of this unit and the earlier units, discuss:what costs you would incur;what competition you might experience;how you would determine the price you would sell your product; and,how much product you would produce?
- Attachment 1
- Attachment 2