In a perfectly competitive market where there is virtually no product differentiation,
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ECN 601 Week 2 Discussion 1
In a
perfectly competitive market where there is virtually no product
differentiation, what do you think are the priorities or focus of a firm? How
could a firm increase profits?
ECN 601 Week 2 Discussion 2
Explain
a situation you have observed (or read about) in which a firm made a decision
considering irrelevant costs or did not consider relevant costs. What was the
outcome of the decision, and what could have been done differently?
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