Current Market Conditions Competitive Analysis Grading Guide ECO/365 Version 10 3 Students will develop cost curves on which firm behavior is based and will utilize these cost curves to determine the behavior of their chosen organization in the market served. Using the concept of comparative advantage, students analyze trade opportunities and use the model of supply and demand to explain factors that could affect demand, supply and prices. Students will determine various factors that could affect their organization's total revenue and will recommend actions the firm could use to maximize their profit and their presence in the market served.  Assignment Steps Scenario: You have been given the responsibility of working with your organization's CEO to do a competitive market analysis of the potential success of one of their existing products.  Research an organization and a product produced by that organization in which an analysis can be conducted.  Write a minimum 1,300-word analysis of the current market conditions facing your product, making sure you address the following topics: · Define the type of market in which your selected product will compete, along with an analysis of competitors and customers. · Analyze any comparative advantages and international trade opportunities. · Include at least one chart, graph, table, or other media that helps explain information in the paper. Include the required source citation and reference. · Explain the factors that will affect demand, supply, and prices of that product. · Examine factors that will affect Total Revenue, including but not limited to: · Price elasticity of demand · Factors that influence productivity · Various measures of costs, including opportunity costs · Externalities and government public policy and their effect on marginal revenue and marginal cost · Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product.  · Use a Running head on the title page and use a page header on the other pages. · Use a section heading for each topic in your paper. Cite a minimum of three peer-reviewed sources from the University Library. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.Individual Assignment: Current Market Conditions Competitive Analysis Purpose of Assignment Students will develop cost curves on which firm behavior is based and will utilize these cost curves to determine the behavior of their chosen organization in the market served. Using the concept of comparative advantage, students analyze trade opportunities and use the model of supply and demand to explain factors that could affect demand, supply and prices. Students will determine various factors that could affect their organization’s total revenue and will recommend actions the firm could use to maximize their profit and their presence in the market served. Grading Guide Content .

1. Current Market Conditions Competitive Analysis Grading Guide
ECO/365 Version 10
3
Students will develop cost curves on which firm behavior is
based and will utilize these cost curves to determine the
behavior of their chosen organization in the market served.
Using the concept of comparative advantage, students analyze
trade opportunities and use the model of supply and demand to
explain factors that could affect demand, supply and prices.
Students will determine various factors that could affect their
organization's total revenue and will recommend actions the
firm could use to maximize their profit and their presence in the
market served.
Assignment Steps
Scenario: You have been given the responsibility of working
with your organization's CEO to do a competitive market
analysis of the potential success of one of their existing
products.
Research an organization and a product produced by that
organization in which an analysis can be conducted.
Write a minimum 1,300-word analysis of the current market
conditions facing your product, making sure you address the
following topics:
· Define the type of market in which your selected product will
compete, along with an analysis of competitors and customers.
· Analyze any comparative advantages and international trade
opportunities.
· Include at least one chart, graph, table, or other media that
helps explain information in the paper. Include the required
source citation and reference.
· Explain the factors that will affect demand, supply, and prices
of that product.
· Examine factors that will affect Total Revenue, including but

2. not limited to:
· Price elasticity of demand
· Factors that influence productivity
· Various measures of costs, including opportunity costs
· Externalities and government public policy and their effect on
marginal revenue and marginal cost
· Recommend how your organization can maximize their profit-
making potential and increase their presence within the market
served by the product.
· Use a Running head on the title page and use a page header on
the other pages.
· Use a section heading for each topic in your paper.
Cite a minimum of three peer-reviewed sources from the
University Library.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your
assignment.Individual Assignment: Current Market Conditions
Competitive Analysis
Purpose of Assignment
Students will develop cost curves on which firm behavior is
based and will utilize these cost curves to determine the
behavior of their chosen organization in the market served.
Using the concept of comparative advantage, students analyze
trade opportunities and use the model of supply and demand to
explain factors that could affect demand, supply and prices.
Students will determine various factors that could affect their
organization’s total revenue and will recommend actions the
firm could use to maximize their profit and their presence in the
market served.
Grading Guide
Content
Met

3. Partially Met
Not Met
Comments:
Student researched an organization and product from which an
analysis can be conducted.
Student defined the type of markets their selected product will
compete in along with an analysis of competitors and customers.
Student analyzed any comparative advantages and international
trade opportunities.
Student explained the factors that will affect demand, supply
and prices of their product choice.
Student examined factors that will affect Total Revenue
including, but not limited to, price elasticity of demand and
factors that influence productivity, various measures of costs,
including opportunity costs, externalities and government public
policy, and their effect on marginal revenue and marginal cost.

4. Student recommended how their organization can maximize
their profit making potential and increase their presence within
the market served by the product.
Student used a minimum of three peer-reviewed sources from
the University Library.
The paper is 1,750 words in length.
Total Available
Total Earned
10.5
#/10.5
Writing Guidelines
Met
Partially Met
Not Met

5. Comments:
The paper—including tables and graphs, headings, title page,
and reference page—is consistent with APA formatting
guidelines and meets course-level requirements.
Intellectual property is recognized with in-text citations and a
reference page.
Paragraph and sentence transitions are present, logical, and
maintain the flow throughout the paper.
Sentences are complete, clear, and concise.
Rules of grammar and usage are followed including spelling and
punctuation.
Total Available
Total Earned

6. 4.5
#/4.5
Assignment Total
#
15
#/15
Additional comments:
The following exercise is mostly based on the MATLAB Basics
material provided. Students are expected to use MATLAB
online help as necessary.
1. Plot the sin(θ) and cos(θ) functions for the angle in the
domain θ = [0, 10π] in:
a. Single plots (Make sure to include X and Y axes labels,
function legends, and title for each plot). (You need to use
‘figure()’ command in your script in order to show them in
different figures)
b. Two separate plots in a single window. (Use ‘subplot’
function and show the X and Y labels, legends, and title.)
c. Repeat (a) & (b) with θ in degrees (not radians). (look up
‘sind’ or ‘cosd’ function)

7. 2. Consider the following equations
2� − 3� + 4� = 23
−6� − 7� + 8� = 3
5� − � − 2� = 5
Solve for the unknowns x, y and z.
3. Consider the following equations, where A, B and C are
constants
(9�2 + 20�2)
9�� − 6�� + 4�� + = 0
���
21
6� − 4� − � − = 0
��
63
24� + 5� − 4� − = 0
��
Solve for the unknowns x, y and z. (Use ‘syms’ command)
4. Solve the following equation for the unknown ‘t’. (Use
‘solve’ command)
3�2 = 3�6�
5. Consider the following matrices
1 2 3 1 −5 3
1 2 3
� = [4 5 6] , � = [6 5 4] � = [ ]
4 5 6
7 8 9 3 2 1
a. Find the following

8. i. Addition, subtraction, division and multiplication of the two
matrices A and B without using the dot operator. Confirm the
results by doing the same calculations by hand
(10 points)
ii. Addition, subtraction, division and multiplication of the two
matrices A and B using the dot operator. Is there an error in any
of the above operations? Which operations are those, and why
would the errors occur in your opinion? Again do hand
calculations to get the same result.
b. Check which of the following is possible and explain why
that is the case,
i) � × � & � × �
ii) � × � & � × �