Market structures like monopoly

Assignment Help Microeconomics
Reference no: EM13826898 , Length: 1000 words

Topics Individual essay:

Choose any One of the topics from the following list:

• Micro economics - study of individual behaviour - individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry in Australia from this list and discuss the reforms been done in that industry.

• Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome this problem!

• Demand and supply of certain resources in Australia and factors other than price which affect demand and supply

• Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in any industry in Australia.

Structure of the Essay

• Introduction - which topic 200 words
• Body- Discuss the topic in the article and with some theory -700 words
• Conclusion 100 words
• Reference (Harvard Reference Style)

- More marks for research - choosing a good article on something specific topic from the above list
- There is no need to explain the theory/concepts in the essay on its own
- More marks for application and your comments on the topic
- You need to attach the copy of the articles with your essay. Also attach the safe assignment report with your essay.
- Upload the soft copy on BB by FRI 5pm week 6.
- You also need to submit hard copy of your assignment on LVL 6 on FRI by week 6.

- You need to use the following sources for the articles:

• Economist
• Australian Financial Review
• The Australian
• Sydney Morning Herald
• Some Academic research

Help me out with this is economics assignment and I had send my assignment plz verify and give me feed back.

Verified Expert

Reference no: EM13826898

Questions Cloud

Computation of discount rate for security payout : A securities provide a payout of $30,000 each year for 6 years. Suppose first amount comes in one year. What is the sale value of the security if the discount rate is 7%?
Determine the basic eps and diluted eps : Minal Hair Products, a New York-based corporation is preparing financial statements for its financial year ended June 30, 2010. The equity capital on July 1, 2009 consisted of 1 million shares of common stock outstanding and 20,000 shares of $50 par ..
Discuss three different ways to create an oracle database : Discuss three different ways to create an Oracle Database. What are the advantages/disadvantages of each method. What is the difference between control files and redo logs. What is a datafile. What is a tablespace
Find the probability of winning : A person must select 3 numbers from 11 numbers for a single ticket in a lottery game. Only one number has to match in order to win a prize. Find the probability of winning if a person buys one ticket. (Note: The numbers can be selected in any order.)..
Market structures like monopoly : Demand and supply of certain resources in Australia and factors other than price which affect demand and supply
Three plants and shipped to four warehouses : A product is produced at three plants and shipped to four warehouses. Production costs per unit is $50 at Plant A, $20 at Plant B, and $30 at Plant C. The transportation costs per unit, plant capacity, and warehouse demand are given as follows: Wareh..
Discusses about calculation of raising : Suppose you deposit $5000 in the bank. How much can you raise after 10 years when discount rate is 5% for the first four years and then rises to 7% annually?
Discuss about the belief of indigenous religions : The problem relates to Religion and it is about the belief of indigenous religions that all things in the environment including earth, sky, planets, starts, spirits, humans, etc are related to each other and these higher spirits are responsible fo..
Prepare bond amortization schedule-effective-interest method : XYZ Company is building a new baseball stadium at a cost of $5,000,000. It received a down payment of $3,000,000 from local businesses to support the project, and now needs to borrow $2,000,000 to complete the project. Prepare the journal entry to re..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd