Economics for Business Making Decisions (paper for this class)
Caselet Review- Steps
1. Define the Problem
2. Analyze the Issue
3. Outline the Expected Outcomes
4. Possible Solutions
5. What is your solution:
a. Why/How will this solution be achieved?
b. How will this solution take to be implemented to resolve the problem and issue?
c. Who will benefit and will pay for this implementation?
d. What are the expected outcomes due to these results?
Include language regarding these topics as well in the overall case review
Managers, Profits, & Markets
Demand, Supply, & Market Equilibrium
Marginal Analysis for Optimal Decisions
Theory of Consumer Behavior
Elasticity & Demand
Must read and review :Examining the supply of N95 Mask during a pandemic. Review University of Virginia Darden University a Perfect Storm supply of N 95 Mask, November 30, 2020