Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

while there are only four rounds in this online perfect competition game, we assume there is a 5th round of the game. the market situation in round 5 explains as follows. in round 5, you are in the same situation as in round 2 ( the market price is $230k), except that fixed costs are 15 times higher. in round 2, your fixed cost was $100k; now, they are $1500k in round 5. other costs stay the same as they are shown in the table in round 2. what is your maximized profit now if you choose to produce? will you shut down your business in the short run? please explain. will you exit the market in the long run? please explain. ( 2 pts for each question, 6 pts in total)

Sagot :

Research and analysis of your target market, rivals, business obstacles, and your company's competitive differentiators are all part of the market situation component of your plan.

Your finest and most concise explanation of the status of the market situation  right now should be included. The strengths and weaknesses of your business, as well as the possibilities and challenges you face, should be discussed in this part. You can choose where to concentrate your marketing efforts by using this "SWOT" study to identify your strengths, weaknesses, opportunities, and threats.Your market situation section should be supported by research-based data rather than conjecture, educated guesses, or gut feelings. Make a list of important staff and customer contacts to speak with to obtain these details.

learn more  about  market situation here:

https://brainly.com/question/3146030

#SPJ4

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.