Micro Economics Concepts: Brexit Impact & Transportation Cost Analysis

This report explores microeconomic concepts, focusing on the impact of increasing transportation costs and Brexit on businesses. It discusses key microeconomic factors such as competition, distribution channels, suppliers, and customer impact. The report explains the theory of demand and supply, and analyzes different market structures including perfect competition, monopoly, monopolistic competition, and oligopolistic markets. It concludes that Brexit has negatively impacted businesses by increasing inflation, labor costs, and reducing production activities. The study of different market structures helps in understanding various segments of services and production. Desklib offers similar solved assignments and past papers for students.