Selection of market structure

Assignment Help Business Economics
Reference no: EM131416006

Please include reference list and use citations.

Select an industry or firm. State its market structure (pure competition, monopoly, monopolistic, or oligopoly). Next, please define the characteristics of the industry or firm that support your selection of market structure. Lastly, describe and illustrate graphically the firm's profit maximizing behavior in particular MR=MC under the above-mentioned market structures or conditions.

In this written assignment, the quality of your writing and the application of APA format will be evaluated in addition to your content. Evaluation based on these criteria is designed to help you prepare your college projects, which must be well-written and follow APA guidelines. Each written assignment should contain a minimum of 300 words, but no more than 400 words. Make sure that you use correct spelling, grammar, and punctuation.

Reference no: EM131416006

Questions Cloud

What is meant by postproduction support : There are various types of contract structures that can be imposed through the contract negotiation process to include FFP, FP, CPFF, CPIF, cost sharing, and time and material. Describe each and include some discussion as to applications.
Essential communication : These cues may enable us to tell whether an individual is telling the truth or uttering words of deception - The writer posits that incorporation of dialogues in either in writings or speeches motivates the audience the most.
What is the probability : The probability distribution for X is given in the following table, but one probability is missing. What is the probability that X = 30?
Calculate the net present value : Calculate the net present value of each of the 2 projects. Which would be preferred according to the net present value criterion? Calculate the profitability index of each of the 2 projects. Which would be preferred according to the profitability ..
Selection of market structure : Select an industry or firm. State its market structure (pure competition, monopoly, monopolistic, or oligopoly). Next, please define the characteristics of the industry or firm that support your selection of market structure. Lastly, describe and..
Long-term household wealth : Explain why "globalization" may well be related to "long-term household wealth" and the domestic "velocity of money" in the U.S. macro-economy.
What is an author criticizing about american culture : What is an author criticizing about American culture in their story? How do they do this and is an author asking us to feel sympathy or disdain for a main character's behavior? How do you know?
Write table that gives cumulative probability distribution : Write a table that gives the cumulative probability distribution for X.- What is the value of P(X ≤ 2), the probability that a randomly selected person ate two or fewer meals yesterday?
Global investor rights agreements : If "free trade" (or correctly called "global investor rights agreements")advantages richer nation corporations to the disadvantage of poorer nation firms, is this a new form of "protectionism"? Explain why or why not. Note: You may need to acce..

Reviews

Write a Review

Business Economics Questions & Answers

  Considering the full price of each of the two products

Assume that Bob is only purchasing two products G and W. The market price of G is $25 and of W is $20. By spending all of his budgeted amount on these two items, he is maximizing utility and receiving 100 utilities from the last unit of G and 80 util..

  What is the estimated marginal revenue function for the firm

A price-setting firm faces the following estimated demand and average variable cost functions: where Qd is the quantity demanded, P is price, M is income, and PR is the price of a related good. The firm expects income to be $40,000 and PRto be $53. T..

  Under the household production model

Under the household production model, the full cost of any activity equals:

  What is the additional utility she would get from

She tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater.

  Suppose that marr utility function for wegmans

Suppose that Marr's utility function for Wegmans' ice cream (W) and Tops' ice cream (T) is U= W+T. The price of Wegmans' ice cream is $5 and the price of Tops' ice cream is $4.

  Illustrate what would happen to the firm revenue

Illustrate what would happen to the firm revenue if it decided to charge a price above $354.

  Student privacy and information technology

The Family Education Rights and Privacy Act (FERPA) was passed in 1974 to protect the privacy rights of students in higher education institutions. It is appropriate to mention that the motivation for the passage of FERPA was generated by the desir..

  There are two types of farming tractors on the market

There are two types of farming tractors on the market, the FT250 and the FT500. The only difference between the two is that the FT250 is more prone to accidents than the FT500. At these prices, 2,000 of each model are purchased each year. What is the..

  Sign treaties for trade or security

Many countries often come together to sign treaties for trade or security. What are some of the economic and political reasons for signing such treaties? Can you identify some ways in which these treaties are enforced?

  Department of energy instead of by a free market

Imagine that politicians have decided that fuel prices are excessive for U.S. drivers and have passed a law that grants the power to regulate retail fuel prices to the U.S. Department of Energy. • How might supply and demand for fuel be affected by f..

  Pick an existing or proposed environmental policy

Pick an existing or proposed environmental policy. Use market failure theory to explain or justify the policy. Then use public choice theory to provide a possible alternative explanation for the policy.

  Provide from reading of business periodicals support ideas

What examples can you provide from your reading of business periodicals to support your ideas? Remember to think about both large and small firms.

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