Miss Natalia

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About Miss Natalia

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Teaching Since: Apr 2017
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Education

  • Doctor of Education in Educational Leadership with a Specialization in Educational Technology
    Phoniex University
    Oct-1999 - Nov-2005

Experience

  • HR Executive
    a21, Inc.
    Nov-1998 - Dec-2005

Category > Economics Posted 02 Jun 2017 My Price 10.00

Identify a firm for each of these market structures and explain why each firm belongs in the market structure identified.

Due by 8 pm!

Assignment 1: Characteristics of the Various Market Structures

The market structures influence how price and output decisions are made by the firms in their respective structure. In all market structures, one of the primary goals is to maximize profits or minimize losses.

One of the major differences between these market structures is how price and output decisions are made, which in turn depends on the characteristics of each market structure. There are four market structures:

  1. Perfect competition
  2. Monopolistic competition
  3. Oligopoly
  4. Monopoly

Tasks:

  1. Using Template A, construct a table that describes the various characteristics of each market structure. 



  2. Identify a firm for each of these market structures and explain why each firm belongs in the market structure identified.



  3. Using Microsoft Excel, construct a graph for each of the market structures and explain how price and output decisions are made in each structure and how they differ.



  4. How is marginal analysis used in the price and output decisions of firms in the various market structures?

Template A:

 

Perfect

Competition

Monopolistic

Competition

Oligopoly

Monopoly

 

  

Number of Firms

 

 

 

 

Pricing Decisions

 

 

 

 

Output Decisions

 

 

 

 

 

Profit

 

 

 

 

Demand Curve

 

 

 

 

Ease of Entry

 

 

 

 

Product Differentiation

 

 

 

 

Deliverables:

  • Prepare a 5-10 page Microsoft Word document that includes the tasks noted above and meets APA standards.
  • Include a summary section in your report that contains 5-7 bullet points identifying your major findings or conclusions of your paper. 
  • Submit this report as your initial post in the W4, Assignment 1 Discussion Area by Week 4, Day 3.
  • Continue your discussions until the end of the week by commenting on at least two other submissions by your peers, identifying the strengths and weaknesses of each post.
 

Answers

Miss Natalia
(14)
Status NEW Posted 02 Jun 2017 05:06 AM My Price 10.00

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