ECO 550 Assignment 3 Market Model Patterns of Change

Question # 00002623 Posted By: neil2103 Updated on: 10/23/2013 05:37 PM Due on: 10/29/2013
Subject Economics Topic General Economics Tutorials:
Dot Image

Assignment 3 "Market Model Patterns of Change"

Choose and research a specific business that is publicly traded where there has been a pattern of change in a particular market model (monopoly, oligopoly, etc.).

Write a five (5) page paper in which you:

Describe the business and explain the general pattern of change of the particular market model indicating how this change is likely to impact business operations. Hypothesize the basic short-run and long-run behaviors of the model in the business you have chosen in a “market economy.” Provide support for your assumptions and conclusions. Researching the company, collect costs, revenue data, other data from the business or that you deem relevant. Explain how you would modify the data in order to make it relevant to decisions a manager must make. Explain the major factors that affect the degree of competitiveness in your business. Use the data to develop at least three (3) measures (e.g., productivity measures) to show how the industry is evolving. Provide evidence supporting your rationale. Research two of the business’ closest competitors to determine the pricing strategy for each business indicating how knowledge of this information may influence pricing decisions in your business. Provide support for your rationale. Recommend a pricing policy for the business you chose. Assess how your pricing policy maximizes profits for the business. Provide support for your rationale. Use at least Four(4) high-quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

Dot Image
Tutorials for this Question
  1. Tutorial # 00002441 Posted By: neil2103 Posted on: 10/23/2013 05:42 PM
    Puchased By: 3
    Tutorial Preview
    The solution of Market Model Patterns of Change...
    Market_Model_Patterns_of_Change.docx (14.35 KB)
    Recent Feedback
    Rated By Feedback Comments Rated On
    mo...23 Rating Super-affordable tutorials 01/01/2014

Great! We have found the solution of this question!

Whatsapp Lisa