Analyze the performance of your product. Scarcity, opportunity cost, supply/ demand shifters, behavioral economics, theory of the firm including transactions cost , and consumer-choice theory are examples of the types of tools you should use.
Choose any relatively narrow product category such as men’s clothing, or beef, or smartphones, etc. 1. Follow the sales of your product directly before and throughout the pandemic. Use actual data. Discuss trends, especially in % terms, and any notable features of the data. Tables and/or graphs should be included. 2. Analyze the performance of […]