I had previously given outline of major project and now I am giving the major project. Explain the Microeconomic principals that have an impact on the management of a firm. In your answer, explain the importance of the assumptions underpinning these Microeconomic models. Use carefully explained economic diagrams whenever useful. These diagrams can be hand drawn and incorporated into the text of the document, rather than as appendices. This project is largely theoretical in nature and won't require many references. This final version should be about 2000 words long. I have attached the outline