Suppose you are an Economist and a CEO of Nyangumi company Ltd; you have invited to give a speech advising small and medium entrepreneurs (SMEs) in Engutoto war

Suppose you are an Economist and a CEO of Nyangumi company Ltd; you have invited to give a speech advising small and medium entrepreneurs (SMEs) in Engutoto ward about production and setting up price for their products. What will you include on your speech?



Tips. (Use the knowledge of demand and supply, elasticity and production costs ​