ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Imagine that you own your business. It does not need to be the same as in other questions, you
are allowed to pick a different firm or product.
a.Think about your production process. Please explain the technology that you
use in the production process.
b.How do you think the technology that you use, affects the market structure
and/or the
technology affects your production process, therefore, NOT about productivity, NOT
about the cost structure.
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