Microeonomics Essay Example | Topics and Well Written Essays - 1250 words

Microeonomics - Essay Example ompany is working as a private firm and enters into research process in the commercial, corporate and business areas for various manufacturing organizations as their marketing partners and business promoters, and gives them suggestions after conducting a comprehensive research procedure according to the demand curve on the one hand, and the directions and requirements of the client companies on the other. The company has hired the services of three hundred and fifty personnel working at various positions and departments of the company. The companys board of directors consists of seven members working under the dynamic leadership of the chief executive of the company. The main departments include qualitative research, quantitative research, finance and accounts department, data encoding and analysis section, translation and customer care section, human resource management, technical and engineering section and marketing department; all of which are supervised by one director each. The company maintains organizations of national and international reputation as its wide range of clientele, which include Shell Petroleum, Petrochemicals and others. All these companies have sound faith in our company and the alternative fuel generation which have helped in the enhancement of their business and sales volume. Cellulosic feedstocks have many advantages over using corn to produce ethanol. Because cellulosic crops are not used for food, there is inherently less price volatility. And because a wide variety of crops can be used, they can be grown in a wide variety of geographic locations--even on marginal lands--and can, therefore, be more abundant. Plus, with certain crops, more ethanol can be produced per acre than can be made with corn. (Hodge, 2007) Since alternative energy resources generation is in its budding, but is becoming very popular in this country, there are working only few companies in such category. Hence, there is a state of monopolistic competition regarding