11 questions about Elasticity, Costs of Production, Market Power, Business Strategy and Market Failure


Please see the attached word file. It has 11 question. A word count is set for each question (at the end of each question). Answers should not be larger than the word count (they can be smaller (not by a lot) but you should ensure that you have addressed all aspects of the question). The answer should be explained in words and calculation or graph if required. If the question requires a graph you can draw it on a blank sheet of paper and then scan it and add it to the answers file or you do it in excel whatever makes you comfortable. Please take a look at the questions first then place your bid.

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