Illustrate what an identification and discussion of economic

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Q1. 1. For many corporations such as utility companies, a major portion of the cost of production is fixed in the short run. Should these very large fixed costs be ignored when the executives are making output and pricing decisions? Why?

2. Q1. Choose a real-life example of a firm that you think is part of an oligopoly marketplace and describe the characteristics of the marketplace structure that Elucidate why the firm would be classified as such.

Q2. Illustrate what an identification and discussion of economic issues of special concern at the present time or in the future?

Reference no: EM1317854

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