Key characteristics of four market structure

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Reference no: EM13933667

Part A:

Identify key characteristics of 4 market structure ( monopoly, oligopoly, perfect competition, monopolistic competition)

Each marker separately 250 words each market Including :

- Meaning
- Example
- key characteristics
- price determination short run and long run with graphs
- a case study example ( you can support with data, why is it consider to be perfect ? compare the characteristic of prefect market with characteristic of this case study example)

1 Explain what is negative externalities
2 Real life example
3 Why these case for government intervention to add reason for government 3 reason
4 Discus some of the way to correct negative externalities explain the various private and public measure with mertis and determine of each method

Part B
:

1 Chose a case study , where negative externalities in a current market. Need to explain of name place , industry , country , nature of negative externalities

2 Explain the situation and the result dead weight loss in diagrams

- illustrate the impact
- need to show table diagram with brief explain
- the result dead weight loss in graphs and explain

3 Discus way that the government has add present of negative externalities in market

  • Regulation
  • Bans
  • Corrective - taxes
  • Property rights
  • Market base policy

Reference no: EM13933667

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