Please answer the following 2 questions based on the given scenarios
!!!!!!Please note that I am gonna ask revisions for each questions when the teacher respond them back!!!!!!!!
——Q1——-
“Production Economics and Decisions” Please respond to the following:
From the scenario for Katrina’s Candies, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs. Recommend the key decision-making criteria that Katrina’s Candies should use for expansion decisions in the short run and in the long run. Determine under what conditions, a company should or should not continue to produce the good or service
Find the scenario below:
Q1 scenario wetransfer link:
——–Q2——-
“Market Structures and Cost Management” Please respond to the following: