Sustaining the economic profits the firm can earn


Explain the given in the context of the simulation.

1. Create a solution using strategic variables available to you to sustain the economic profits the firm can earn.

2. What are some of the pricing strategies that you would recommend?

3. What are some of the nonpricing strategies that you would recommend?

4. What kind of innovations would you propose to sustain the organization's uniqueness?

The simulation is based on you becoming CEO of Quasar Computers. Quasar has pioneered an all-opyical notebook computer. You will have to make decisions on operational and business strategies in a wide variety of market conditions.

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Microeconomics: Sustaining the economic profits the firm can earn
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