1. Competitive Industry Report and Calculations
Company for Question 1

2. Overview Discuss the general overview of Question 1
Produce the demand product
Discuss the general overview of Question 1
Produce the demand product

3. Question 1
Question 1: Your first task is to determine whether your firm is in a competitive industry.
Based on the following demand function for the firm's product, what would you answer?
Q = 50,000 – 25*P
Q is the amount produced and P is the price.
Question 1: Your first task is to determine whether your firm is in a competitive industry.
Based on the following demand function for the firm's product, what would you answer?
Q = 50,000 – 25*P
Q is the amount produced and P is the price.

4. Demand Product Competitive Industry Report and Calculations Q P
Amount Produced
Q is the amount produced
50,000
$2,000.00
P is the Price
Quantity to be produced is 25
2,500,000,000

5. Conclusion There would be a demand product need of $2,500,000,00.00