Brief description of industry and its competitive structure

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Reference no: EM131486312 , Length: word count:1000

INTRODUCTORY MICROECONOMICS ASSIGNMENT

QUESTION -

Take, as an example, the world market for a mineral of your choice (e.g. iron ore, coal etc.) and assume that individual mining firms are price takers. Develop an economic model, including appropriate diagrams, to assess the effects of a technological change (which must be properly referenced), on firm decisions and world market outcomes. In your answers, assume that the world market is the only relevant market for the industry.

Reference no: EM131486312

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len1486312

5/6/2017 3:25:00 AM

Total 1000 words basic eco assignment. It should be in proper APA formatting, and include the relevant graphs. The selected mineral is gold. Assignments must be submitted via the LMS subject webpage. Remember to keep a copy of your assignment. Limit: 1000 words (diagrams do not count towards the word limit).

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