Develop a paper detailing an analysis of market structures

Reference no: EM13162324

Pricing strategy varies significantly across different market structures. The pricing guidelines in a monopoly market are relatively straightforward. Since the company is the only producer offering the product, it can mark-up the price as far as the customer can bear. The pricing strategies for a producer operating in a perfect competition structure are also fairly intuitive. They are price takers, and hence price is set at the marginal cost of the product. This is due to the fact that there are many firms offering nearly identical products. However, there is optimal pricing for the market structures offering differentiated products with many competitors (oligopoly) or a few producers (monopolistic competition). These are much more complex and involved. It has been stated that differentiation in products that creates differences in customer valuation is the most prevalent type of competition. In such markets pricing strategies may include the three C's of cost, competition, and customer.

Develop a paper detailing an analysis of market structures and relating pricing strategies that are suitable for each of these structures. Furthermore, include a real world example of pricing strategy for a specific U.S. company by identifying its market structure.

Your paper should be between 2500 and 4000 words, in APA Format and structured as follows:

1. Cover page with a running head

2. Abstract

3. Introduction to market structures

3.1. Perfect competition

3.2. Monopolistic Competition

3.3. Oligopoly

3.4. Monopoly

4. Pricing strategies as they are specifically related to each of the above market structures.

5. Case Study

6. Conclusion

Reference no: EM13162324

Questions Cloud

State what are the equilibrium partial pressures : What are the equilibrium partial pressures of CO(g) and CO2(g) when 2.32 atm CO(g) and excess FeO(s) react in a sealed container at 1000°C? PCO atm PCO2 atm

What would be the effect on the ph of sodium oxalate : what would be the effect on the pH of adding 1 gram of sodium oxalate to the original buffer

Explain the hazards associated : Explain the hazards associated with 1.0 moles of Ch3COOH solution, 0.10 moles of BaCL2 sloution, and 0.10 moles Na2C2O4 solution?

What is the temperature rise when the sample is combusted : the molar heat of combustion of methanol, CH3OH, is -757kJ/mol. If 2g of methanol is placed in bomb calorimeter with heat capacity of 6.5 kJ/c, what is the temperature rise when the sample is combusted?

Develop a paper detailing an analysis of market structures : Develop a paper detailing an analysis of market structures and relating pricing strategies that are suitable for each of these structures. Furthermore, include a real world example of pricing strategy for a specific U.S. company by identifying its..

Calculate the mass of pure silver : Calculate the mass of pure silver that when heated from 12.0 degrees celcius to 15.2 degrees celcius it required 1.25 kj of energy

Calculate kc for the reaction : A sample of pure NO2 is heated to 388C at which temperature it partially dissociates according to the equation.

Which of these statements correctly describes a diamond : Which of these statements correctly describes a diamond?

How many grams of malonic acid would be needed : How many grams of malonic acid would be needed to make 50.0 milliliters (0.0500 L) of 0.200 M malonic acid?

User Account

All Pages