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I. Classify the firm into one of the four basic market models
A. Select a company from a current business periodical or where you work, and state which market model is represented by this company. Explain your reasoning using a narrative format. (Refer to CHART in Work Book PG. 224). A current business periodical means a business news article that is dated after the first day of this semester. Write about what is happening to the firm today, not what happened last year.
B. State the basic industry situation and proceed to analyze using the following methodology where appropriate. Be sure to include the six (6) graphs, as indicated.
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c. Watch the supply and demand analysis video series (Steps 1, 2, and 3) provided for you in this module to help you create your supply and demand graphs.
II. Supply