Students learn microeconomic concepts by defining an industry and watching its firms evolve

About Business Evolution

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In this example, the simulation was initialized with 15 firms and has been run out for a number of periods. The colored squares represent the production level and profitability of a firm in a particular period. On each row, you can see total production levels for the industry as well as the price which was determined using the demand function. At the bottom of the page, it displays which firms have succeeded and failed in achieving growth. Firm 11 maintains positive net profit and positive investment for all periods shown.

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