Production levels also pricing for your widget facility

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Q1. Now, suppose which subsequent the delivery also demand changes in (a), a substitute good goes up in price also your costs of production increase. Illustrate what new decisions will you make regarding production levels also pricing for your Widget facility?

Q2. You know from data collected on the Widget Market which market demand also market delivery have both increased recently. As manager of the facility, Illustrate what decisions should you make regarding production levels also pricing for your Widget facility?

Reference no: EM1313898

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