Can you please answer the following using Dunkin Donuts as the selected firm.

Introduction: Provide a brief description of your selected firm, including what products or services they provide and why you chose this company. Remember that if you choose a company not included in the list above, you need to secure approval from your instructor first.

Comparative Advantage and Specialization: Identify the advantages of specialization for your firm. Provide specific examples of your company$$s trading partners to illustrate. You can also include additional evidence from your textbook, such as graphs illustrating the benefits of specialization.

Price Elasticity

Identify the determinants of price elasticity of demand for your selected company. Provide examples from your research to illustrate.Explain how price elasticity of demand affects pricing decisions and total revenue of your selected firm. Provide examples from your research to illustrate.

Government Policies and Price Equilibrium

Evaluate the potential impacts of policy interventions on the supply and demand equilibrium for a product or service sold by your selected company. Provide examples from your research or from the textbook.Explain how government policy interventions can cause changes in consumer and producer surplus for your firm. Provide examples from your research or from the textbook to illustrate.

Costs of Production and Decision Making

Describe the difference between variable costs and fixed costs.Identify several of the fixed costs and variable costs that apply to your company. You can find this information in the company$$s financial reports.Explain how a company makes the decision to produce, shut down in the short term, or exit the market based on these cost considerations. Provide examples from the textbook to illustrate.