Managers often make decisions that have long-term implications for firm value, yet not all decisions lead to maximized economic profit. This week, you explored the foundational concepts of microeconomics and industrial organization, as well as the distinctions between accounting and economic profit, corporate governance challenges, and market structure dynamics.

1. Analyze a real-world example of a market shift due to supply or demand changes, government intervention, or an external shock (such as a new regulation or technology).
   • What were the effects on the market equilibrium?
   • How did this shift impact consumer and producer surplus?

In your post, apply relevant economic concepts and terminology from this week's material. Support your analysis with real-world examples or personal experiences when possible. Then, respond thoughtfully to at least two of your peers, offering insights, clarifying questions, or alternative perspectives to enrich the discussion. WITH SCHOLARLY REFERENCES