Positive and negative effects of either sudden increase


The Bureau of Labor Statistic and Federal Reserve Bank in St. Louis both have a lot of economic information. Base on current information, for the industry you're familiar with, discuss the positive and negative effects of either a sudden increase or decrease in the number of competitors on prices in the long run. What would you recommend as a course of action, if any? For the industry you have chosen, discuss how price moves from today to the future.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Positive and negative effects of either sudden increase
Reference No:- TGS042697

Expected delivery within 24 Hours