price elasticity, business and finance homework help

Please respond  to the following  and provide feedback with 300 words.

My key decisions and strategy for this weeks game came from using price elasticity, and forecasting the price of shoes for that year.  Predicting material prices were also a good way of forecasting profits and a positive cash position.  I have used my business/economics background as a tool to help my position in the game.  I am not sure that this will work but I hope that I have made some positive movement for year 11 in the game.   The first thing that I would recommend to anyone playing the Business Strategy Game is to first read the players manual and the last years reports .  This way a player will have a baseline to judge future decisions and forecasting by.  I love competition, and this game is a way in real-time that a player can show what he or she is really made of.  Also, practical real-life jobs that a person may have would be a real advantage if they were in the retail business as a manager.

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