Evaluate concepts of supply and demand

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Evaluate the concepts of supply and demand to identify and determine the impact of changes in market conditions in the short-run and long-run and identify the economic impact on a company's operations.

Analyze production and cost - the fundamental blocks on the supply side of the market - in the short and long-run. Use short run and long run firm production and cost functions to analyze and understand the behavior and strategy of individual firms and industries.

Reference no: EM132676874

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