ECO 204 Ashford University Final Paper

Question # 00000272 Posted By: shortone Updated on: 07/31/2013 01:32 PM Due on: 08/02/2013
Subject Economics Topic General Economics Tutorials:
Question
Dot Image

Market Structure


In an eight-to ten-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:

  1. Indicate how high entry barriers into a market will influence :
    1. Long-run profitability of the firms
    2. Cost efficiency of the firms in the industry
    3. Likelihood that some inefficient firms will survive
    4. Incentive of entrepreneurs to develop substitutes for the product supplied by the firms
  2. Are competitive pressures present in markets with high barriers to entry? Explain.
  3. Describe which market structure you would prefer for selling products. Explain why and support your answer with the characteristics of that market.
  4. Describe which market structure you would prefer for buying products. Explain why and support your answer with the characteristics of that market.
  5. 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.
  6. How does the role of the government affect each market structure’s ability to price their products?
  7. How does international trade affect each market structure?


Your paper will need to include a title page, reference page, and in-text citations that are formatted in accordance with APA style as outlined in the Ashford Writing Center . Also, your content should be eight to ten pages, which does not include your reference or title page. You will need to include five academic sources from the Ashford University Library to include in your paper as part of your research to support your work and analysis.

Writing the Final Paper

The Final Paper:

  1. Must be eight to ten double-spaced pages in length and formatted according to APA style as outlined in the approved APA style guide.
  2. Must include a cover page that includes:
    1. Title of paper
    2. Student's name
    3. Course name and number
    4. Instructor's name
    5. Date submitted
  3. Must include an introductory paragraph with a succinct thesis statement.
  4. Must address the topic of the paper with critical thought.
  5. Must conclude with a restatement of the thesis and a conclusion paragraph.
  6. Must use at least five scholarly resources from the Ashford University Library.
  7. Must use APA style as outlined in the approved APA style guide to document all sources.
  8. Must include, on the final page, a Reference Page that is completed according to APA style as outlined in the approved APA style guide.
Dot Image
Tutorials for this Question
  1. Tutorial # 00000178 Posted By: vikas Posted on: 07/31/2013 01:33 PM
    Puchased By: 3
    Tutorial Preview
    The solution of ECO 204 Ashford University Final Paper...
    Attachments
    Market_structures_and_their_impact_on_business.docx (54.74 KB)
    Recent Feedback
    Rated By Feedback Comments Rated On
    amb...son1 Rating Instant response 01/09/2014

Great! We have found the solution of this question!

Whatsapp Lisa