Economics
• Select Faculty approved publicly traded firm which allows access to it financial information
• Write a research paper analyzing the current market conditions of the firm you selected and in your paper address the following:
1. Abstract, introduction, market structure, competition, challenges, recommendation.
2. Discuss the price elasticity of demand for the product that the firm produce or service it provides and also discuss the cost and market structure in which the firm operates
3. Determine how global competition impacts your firm.
4. Should the firm continue, expand, or reduce current operations in order to maximize profits? Explain your reasoning.
5. If your answer is to expand: should the firm invest in new plants, equipment, ortechnologies? Should the firm consider a merger with otherfirm explain your reasoning and explain global competition implications.
6. If your answer is to reduce: should the firm reduce production or shutdown their operations? Explain your reasoning.
7. Analyze the effects of government policies, socialdiversity, and business ethics on your recommendation.
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