In the case of equi-marginal pricing, the optimal price is 30. In this case, the dominant firm and the competitive fringe share the market. The fringe sells 15 units, the dominant firm 75. It becomes evident that limit pricing decreases profits by a considerable amount. The preceding examples have shown that computer simulations can contribute significantly to introductory micro-economics courses.
Students can also benefit from using MicroSIM as a supplement to their textbooks.
In the future, a new version of MicroSIM will be developed to deal with more complicated problems. In addition, an interactive version of the programme would help to make skills training sessions more effective. The idea is that MicroSIM presents the student with a problem. To move on to the next level, the student enters an answer in the simulation. The computer then determines whether the answer is correct and provides immediate feedback.