Microeconomics

This assignment was for our Microeconomics. Here we used all our microeconomics theory and implement it on a organization. This paper focuses on Marlboro the cigarette Company. We explain: 1.Marlboro History 2.Marlboro Market Structure 3. Market Flow 4. Supply and Demand of Marlboro 5. Demand and Supply Curve 6.Elasticity or In elasticity? 7.Government Intervention This paper is good if you wish to read of and know about Marlboro in the Microeconomics perspective.

This note has extensive information about Oligopoly. It is a 16 page notes that talks about: 1. Definition of Oligopoly 2.Types of Oligopoly - Pure/Perfect, Imperfect/Differentiated, Collusive/Non-Collusive 3.Features of Oligopoly and characteristics 4.What is a Cartel Model 5.The Game Theory

Lesson Objective:  Define Perfect Completion  Characteristics of Perfect Competition  Perfect Competition and Economic Profit  Marginal Revenue  Firms Output Decision  Using Marginal Analysis to find Profit Maximization  Why do firms in long run make economic loss in Perfect Competitions?

This note, describes what Elasticity is and the basics. It explains how you can identify if a product is elastic or inelastic in microeconomics terms. As well it give examples and step by step process of the formula and guides to find out for elasticity or inelastic