Define the type of market in which your selected product

Assignment Help Microeconomics
Reference no: EM131102767

Assignment

You have been given the responsibility of working with your organization's CEO to do a competitive market analysis of the potential success of one of their existing products.

Select your organization and a product produced by that organization from IndustryWeek.

Write a 2,100-word analysis of the current market conditions facing your product, making sure that you address the following topics:

• Define the type of market in which your selected product will compete, along with an analysis of competitors and customers.

• Analyze any comparative advantages and international trade opportunities.

• Explain the factors that will affect demand, supply, and prices of that product.

• Examine factors that will affect Total Revenue, including but not limited to:

• Price elasticity of demand

• Factors that influence productivity

• Various measures of costs, including opportunity costs

• Externalities and government public policy and their effect on marginal revenue and marginal cost

• Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product.

Use a minimum of 3 peer-reviewed sources from the University Library.

Format your paper consistent with APA guidelines.

Reference no: EM131102767

Questions Cloud

One type of leverage affects both ebit and eps : "One type of leverage affects both EBIT and EPS. The other type affects only EPS." Explain this statement.
What different lessons do you think world leaders learned : What different "lessons" do you think world leaders learned from World War I? How might these perceptions have made a second world war more likely?
The total civilian labor force is comprised : The total civilian labor force is comprised of
Compares interest rates available for savings accounts : Compares interest rates available for savings accounts at different banks. what is the range of rates currently being offered? what is the best deal? Comparisons between credit cards. briefly explain the factors that are considered in the comparisons..
Define the type of market in which your selected product : Define the type of market in which your selected product will compete, along with an analysis of competitors and customers. Analyze any comparative advantages and international trade opportunities.
Objectives of launching negative interest rates : Bank of Japan launches negative interest rates Feb 16, 2016 Central bank encouraging banks to lend, businesses to invest and savers to spend. What are the Central bank’s objectives of launching negative interest rates? Explain carefully using diagram..
List paradigm shifts that you have seen in western culture : Description of the assignment: In this assignment, list 1 or more paradigm shifts that you have seen in Western culture during the 20th century.
Game theory to determine whether or not firm will advertise : Consider the premier coffee industry, assuming Starbucks and Peet’s Coffee are the only two firms in the market. Both firms are contemplating the decision to advertise or not (for simplicity, assume the firms only decide whether or not to advertise, ..
Explain the idea of a multi-dimensional approach : Describe how one of the psychological traditions helped further the beliefs about what causes mental illness (Freud's psychoanalytic theory of the unconscious, humanism, or the behavioral model).

Reviews

Write a Review

Microeconomics Questions & Answers

  Calculate the price elasticity of supply for copper

Suppose the current price of copper is $3 per pound and the quantity supplied is 200 pounds per day. If the price of copper falls to $2.50 per pound, the quantity supplied drops to 180 pounds per day. Use the midpoint formula to calculate the price e..

  Explain exactly how change in federal funds rate can

according to the federal reserves federal open market committee 2011 the federal reserve controls the three tools of

  Calculate the value of the deadweight loss

How much is AT&T willing to pay to be an unregulated monopolist - Derive the price that a regulatory agency would set if it was interested in maximizing con¬sumer welfare subject to AT&T earning at least normal profits.

  Analyzed the impact of foreign trade between two countries

Determine the trade balance between the U.S. and China for the most recent five year period.

  Determine the firms cost function and its marginal cost

Suppose a firms production function is: q = L 0.5+K0.5. Assume that the price of labor is w = 1 and the price of capital is r = 1. Determine the firms cost function and its marginal cost.

  Factors for making profits in the healthcare field

What are some key micro economic factors for making profits in the healthcare field?

  What is the user cost of capital associates with owning

What is the user cost of capital associates with owning the MB for the next year?

  Calculate the price quantityand profit

Calculate the price, quantity, and profit for each segment if the amusement park charges a different price in each market. (Hint: calculate profit at each price in the adult market, then in the child market, and choose profit maximizing in each. Usin..

  A rise in the price level causes

A rise in the price level causes

  How much in excess reserves does the bank hold

If the required reserve ratio is 0.10, or 10 percent, how much in excess reserves does the bank hold? What is the maximum amount by which the bank can expand its loans?

  How much bush era tax cuts on upper income tax payers

Why did president Obama want to repeal the Bush era tax cuts on upper income tax payers How would the repeal of these tax cuts impact aggregate demand and to what degree How did the economic conditions in 2010 make such a repeal less likely to tak..

  What was your biggest frustration during the negotiations

What was your biggest frustration during the negotiations? What would you say the goal of the American team was? What role (e.g., decider, influencer, etc.) did each member of the American team play?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd