Below is the final assignment. I also attached a few of my milestone assignments
Below is the final assignment. I also attached a few of my milestone assignments to get a feel for how my writing style is. Thank you!
King Fruits is farming company that sells fruits such as bananas, mangoes, grapes, kiwi, and oranges nationally. The company has been growing in recent years and the owner is looking to move into the international market. You have been hired as an economic consultant to advise the owner on whether he/she is making the right economic choice?
What factors of production should the owner consider before making the expansion?
Should the owner draft a production possibilities curve to decide how much to sell internationally?
How will their expansion to the international market affect local demand?
Are there any government regulations to consider before going to the international market?
Does the decision to sell domestic products internationally help or harm the local economy? Explain
Where does scarcity fit in this problem?
What is the price elasticity of the products being offered by King Fruits?
Do you think the elasticity of the goods will change based on the market?
Do you think consumer behavior will be different in the international market?
How does moving to the international market affect the local demand schedule?
Construct a 4 to 6 page APA paper (Times New Roman font, 12) answer the ten questions listed above. After completing the paper, create a 5 to 10 video presentation explaining the answers outlined in your paper.