Imagine that you own your business. a) Think about your production process. Please explain the technology that you use in the production process. b) How do you think the technology that you use, affects the market structure and/or the demand of your product?

Economics Today and Tomorrow, Student Edition
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ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter11: Marketing And Distribution
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Problem 22AA
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Imagine that you own your business. 

a) Think about your production process. Please explain the technology that you use in the production process.

b) How do you think the technology that you use, affects the market structure and/or the demand of your product?

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