id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
absel-437	Goosen, Kenneth R.	An Analysis of the Interaction of Firm Demand and Industry Demand in Business Simulations	2014	13	.pdf	application/pdf	9321	381	55	AN ANALYSIS OF THE INTERACTION OF FIRM DEMAND AND INDUSTRY DEMAND IN BUSINESS SIMULATIONS Developments in Business Simulation and Experiential Learning, Volume 34, 2007 11 AN ANALYSIS OF THE INTERACTION OF FIRM DEMAND AND INDUSTRY DEMAND IN BUSINESS SIMULATIONS Kenneth R. Goosen University of Arkansas ABSTRACT Demand algorithms in business simulations involve two basic demand curves: (1) a firm demand curve and (2) an industry demand curve. The results demonstrated that the relationship of the elasticity of demand is critically important and that the slope of the firm demand curves is irrelevant to allocating industry demand as long as the values of the Y intercepts are not changed.	cache/absel-437.pdf	txt/absel-437.txt