ECO561 ECO/561 Market Structures Scenario Week 3

Write a 1,050- to 1,400- word paper where you explain the following in the context of the simulation. One note; these word count figures are meant to be a guideline, but feel free to exceed this if you find it is necessary to adequately provide relevant details and clarify important points.

• Create a solution using strategic variables available to you to sustain the economic profits the firm can earn.
• What are some of the pricing strategies that you would recommend?
• What are some of the non-pricing strategies that you would recommend?
• What kind of innovations would you propose to sustain the organization's uniqueness?