Same thing, need 1 page on Cost structure, answering the following:
1. What are the key determinants of an existing firm's (a) fixed costs and (2) variable costs int he short-run?
2. What is the shape of the existing firm's (a) average cost cure and (2) marginal cost curve (i.e. U-shaped or L-shaped)? A graph illustration here will be a plus.
Introduction will be 1-2 pages long.
1. Description of industry
2. History
3. Organization
4. Relevant governmental and environmental factors.