Assignment Two Paper and Details

Assignment 2 Instructions   From Assignment 1, you will use the following information: Qs = -7909.89 + 79.1P Qd = 38650 – 42P P = 384.48 cents and Q = 22,502 units    You should also use the following rules for profit maximization:   P = MR = MC in perfect competition  MR = MC in imperfect competition      Question 1 Outline a plan that will assess the effectiveness of the