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Determine the market structure of a firm

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Reference no: EM132210267

Question: Microeconomic Analysis of an Individual Firm or an Industry

Determine the market structure of a firm or an industry of your choice using the following criteria:

1. Briefly describe the industry or the firm producing the chosen product

2. Number of firms (Not necessarily the actual number of firms - determine if there are many firms, one dominating firm or a few dominating firms in the industry)

3. Product - standardized (homogeneous) or differentiated

4. Barriers to entry

5. Competitors and the market shares of the firms in the industry

6. Market power - ability to determine the price

7. Independence / interdependence of firms

8. Four firms concentration ratio

9. The HHI Index

10. Organization, in text citations, references. Please use the APA or the MLA format.

Reference no: EM132210267

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