Description
Market?Structures
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In?an?eight??to?10?page?paper,?describe?each?market?structure?discussed?in?the?course?(perfect?competition,
monopolistic?competition,?oligopoly,?monopoly),?provide?a?real?life?example?of?each?market,?and?respond?to?the
following?for?each?market?structure:
Indicate?how?high?entry?barriers?into?a?market?will?influence:
Long?run?profitability?of?the?firms
Cost?efficiency?of?the?firms?in?the?industry
Likelihood?that?some?inefficient?firms?will?survive
Incentive?of?entrepreneurs?to?develop?substitutes?for?the?product?supplied?by?the?firms
Are?competitive?pressures?present?in?markets?with?high?barriers?to?entry??Explain.
Describe?which?market?structure?you?would?prefer?for?selling?products.?Explain?why?and?support?your?answer
with?the?characteristics?of?that?market.
Describe?which?market?structure?you?would?prefer?for?buying?products.?Explain?why?and?support?your?answer
with?the?characteristics?of?that?market.
How?does?each?market?structure?respond?to?price?changes?of?the?products?that?they?sell??Explain?whether?each
market?structure?will?be?selling?elastic?or?inelastic?products,?and?how?this?will?affect?the?market?price?charged.
How?does?the?role?of?the?government?affect?each?market?structure?s?ability?to?price?their?products?
How?does?international?trade?affect?each?market?structure?
The?Market?Structures?Final?Paper
Must?be?eight?to?10?double?spaced?pages?in?length?(not?including?title?and?references?pages)?and?formatted
according?to?APA?style?as?outlined?in?the?Ashford?Writing?Center.
Must?include?a?separate?title?page?with?the?following:
Title?of?paper
Student?s?name
Course?name?and?number
Instructor?s?name
Date?submitted
Must?use?at?least?five?scholarly?sources?from?the?Ashford?University?Library?in?addition?to?the?course?text.
The?Scholarly,?Peer?Reviewed,?and?Other?Credible?Sources?table?offers?additional?guidance?on?appropriate
source?types.?If?you?have?questions?about?whether?a?specific?source?is?appropriate?for?this?assignment,?please
contact?your?instructor.?Your?instructor?has?the?final?say?about?the?appropriateness?of?a?specific?source?for?a
particular?assignment.
Must?document?all?sources?in?APA?style?as?outlined?in?the?Ashford?Writing?Center.
Must?include?a?separate?references?page?that?is?formatted?according?to?APA?style?as?outlined?in?the?Ashford
Writing?Center.
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