East-West Transportation Inc Market Structure Simulation

East-West tape drive Inc foodstuff Structure SimulationUniversity of Phoenix OnlineDecember 1, 2008East-West jazz Inc commercialiseplaceplace Structure SimulationThe simulation offered by the University of Phoenix in society with the Principles of Microeconomics focuses on real life situations in securities intentness structures of firms. The scenario creates a distinction of commercialize structures deep down a case-by-case corporation. The East-West out-migration Inc illustrates four divergent types of food market structures within the firm. The atoms of the firm, which create the different market structures, are Consumer Goods, Coal, Chemicals and the Forest Products. Market structures, for firms, are a derivative of the number of firms in the picky market, barriers of entry for young firms and the distinct sharing with other firms in the same market in creating and determining pricing for consumers and maximise profits (University of Phoenix, 2008). The marke t structure simulation focuses on the qualification of the CEO of East-West Transportation Inc to study and analyze the cost and taxation curves faced by the freight transportation company. These cost and receipts curves, consists of Marginal scathe (MC), Marginal Revenue (MR), mediocre full Cost (ATC), and Average Variable Cost (AVC). The CEO of East-West Transportation Inc determines through these studies where and how to structure the different divisions.

The CEO focuses on the division?s advantages and limitations of add on and demand; the effectiveness of the divisions; and how all(prenominal) division of the firm maximizing profits and minimizi! ng loses. Advantages and Limitation of try and DemandThe Consumer Good?s particle of East-West Transportation Inc operates as a perfect competitive market. A perfect competitive market structure has ?a commodious number of buyers and sellers? (University of Phoenix, 2008, ¶5). With this type of market structure, no company controls the market price. The CEO develops the market price to determine the output of product to maximize profits. The CEO, If you want to come in a full essay, tack together it on our website: OrderCustomPaper.com

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