Applied Managerial Economics (Econ-616-1602b-01),Type: Discussion Board,Unit:Elasticities & Mkt stru

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Within the Discussion Board area, write 600–800 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Additional Information: The board of directors at Auto Edge is actively discussing several options to address flagging revenue. One option continues to surface during each board meeting; that is, relocating the manufacturing operation back to the United States. Longtime Chief Financial Officer, Ingrid Adams, leads the group that is in favor of this option.

Ingrid Adams approaches you in the company break room.

"Hello," she says. "I'm glad I saw you."

"Hi," you say. "What can I do for you?"

"I have a question about economics," she says. "I think you can help me explain something to some shareholders on the board."


Deliverable Length: Primary Task: 600–800 words

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20applied managerial economicsApplied Managerial Economics (Econ-616-1602b-01)Type: Discussion BoardUnit: Elasticities & Market StructureDue Date: Sun, 5/29/16Grading Type: NumericPoints Possible:75Deliverable Length: Primary Task: 600800 wordsObjectives of this assignmentCompare and contrast how production analysis is carried out and be able to evaluate productionsituations using economy of scale, elasticity and other analytic tools.Demonstrate the ability to assess market structures ranging from pure competition tomonopoly/monopsony.ScenarioWithin the Discussion Board area, write 600800 words that respond to the following questionswith your thoughts, ideas, and comments. This will be the foundation for future discussions byyour classmates. Be substantive and clear, and use examples to reinforce your ideas.Additional Information: The board of directors at Auto Edge is actively discussing severaloptions to address flagging revenue. One option continues to surface during each board meeting;that is, relocating the manufacturing operation back to the United States. Longtime ChiefFinancial Officer, Ingrid Adams, leads the group that is in favor of this option.Ingrid Adams approaches you in the company break room."Hello," she says. "I'm glad I saw you.""Hi," you say. "What can I do for you?""I have a question about economics," she says. "I think you can help me explain something tosome shareholders on the board.""Economics"! My
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