Reference no: EM132702330
Discussion: 2 pages
Initial post
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. 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?
Deliverables: • Prepare a 2 page Microsoft Word document that addresses the questions above and meets APA standards.
Discuss what given numbers mean regarding your firm ability
: Offer interpretive analysis of your company's actual growth rate compared to its internal and sustainable growth rates. Discuss what these numbers mean.
|
How virtue ethics might come with contemporary moral issue
: Write an essay dealing with how virtue ethics might come to terms with a contemporary moral issue, such as abortion, capital punishment, or war.
|
Discuss about a specific debt crisis episode
: Debt Crisis). Find an article from a newspaper, magazine, or relevant online source that teaches you about a specific debt crisis episode.
|
What industries replaced the given that were scrapped
: Hart-Landsberg describes Japanese economic development after WWII as a process of "scrap and build." Explain. What industries were promoted, scrapped? Why?
|
How price and output decisions are made
: 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.
|
Which one do you believe is most critical in global economy
: Of the problems that affect the success of an acquisition, which one do you believe is the most critical in the global economy? Why?
|
Do you have an absolute or comparative advantage
: Explain absolute advantage. Give an example. Do you have an absolute or comparative advantage in doing something over someone else? Explain.
|
Which investment has highest expected value to s and l owner
: Suppose that, as an owner of a federally insured S&L in the 1980s, the price of real estate falls, and most of your loans go into default.
|
Unit 2 Delivery of Engineering Processes Safely as a Team
: Unit 2 Delivery of Engineering Processes Safely as a Team Assignment Help and Solution, Pearson BTEC Level 3 National Diploma in Engineering - Assessment
|