Selection of market structure

Assignment Help Business Economics
Reference no: EM131415844

Please include reference list and use citations. No Plagiarism please. Thanks!

Select an industry or firm. State its market structure (pure competition, monopoly, monopolistic, or oligopoly). Next, please define the characteristics of the industry or firm that support your selection of market structure. Lastly, describe and illustrate graphically the firm's profit maximizing behavior in particular MR=MC under the above-mentioned market structures or conditions.

In this written assignment, the quality of your writing and the application of APA format will be evaluated in addition to your content. Evaluation based on these criteria is designed to help you prepare your college projects, which must be well-written and follow APA guidelines. Each written assignment should contain a minimum of 300 words, but no more than 400 words. Make sure that you use correct spelling, grammar, and punctuation.

Reference no: EM131415844

Questions Cloud

For the acquisition of leadership training : Develop a Statement of Work (Section C) for the acquisition of Leadership Training. Indicate a major take-away from the article and how you would apply it as a lessons learned to your current team in class or your team in the workplace?
Compute the missing amounts in the following table : Specifically, analyze the company's sales growth, profits, profits as a percentage of sales, and dividends declared as a percentage of net income (dollar amounts in billions)
General relationship between marginal product of labor : Think about the general relationship between the marginal product of labor (MPL) and the marginal cost of output (MC). As MPL increases, what happens to MC?
What role do biological factors play in addiction : After reading the module notes and the accompanying readings, answer the following questions: What role do biological factors play in addiction? Why do some studies indicate that children who do not live with an addicted parent have the same likelih..
Selection of market structure : Select an industry or firm. State its market structure (pure competition, monopoly, monopolistic, or oligopoly). Next, please define the characteristics of the industry or firm that support your selection of market structure. Lastly, describe and..
Calculate the discharge and seepage velocities : Calculate the discharge and seepage velocities for water flowing in a pipe filled with sand, with a hydraulic conductivity of 0.02 m/day and an effective porosity of 0.25. The hydraulic gradient is 0.4. How far will the water move in one year?
Describe your expectations for a job : Describe your expectations for a job. How well does your employer meet the expectations you bring to the psychological contract? Explain your answer and please conduct research to support your findings, citing at least one scholarly resource in APA f..
What goes wrong and how to make it right : Relating it to your scheduled reading of "The New Why Teams Don't Work: What Goes Wrong and How to Make it Right", what factors were indication of why the team did not work? (2) Indicate a major take-away from the article; and (3) How would you apply..
What study skills do you default to when preparing for test : One of the most important skills for students to master upon entering college is how to study! (You can relate.) Using information from the Memory Chapter in your textbook, address the following: What study skills do you default to when preparing f..

Reviews

Write a Review

Business Economics Questions & Answers

  Bundling helps the seller to increase profit

Bundling helps the seller to increase profit by ________.

  Organization of the federal open market committee

Discuss your thoughts on the organization of the Federal Open Market Committee (FOMC). Why is the New York Federal Reserve president always on the FOMC? Does the committee meet often enough? Should its meetings be closed to the public? Have its recen..

  Qq1 consider two persons ann and bill and two-goodsx and y

q.q1. consider two persons ann and bill and two-goodsx and y exchange economy. the total endowment of the economy is

  What present sum if the quarterly payments are invested

A series of quarterly payments of $750 for 20 years is economically equivalent to what present sum, if the quarterly payments are invested at an annual rate of 12% compounded quarterly?

  What effect is to quantity supplied and quantity demanded

Price Controls: Give me an example of a Price Ceiling or a Price Floor and tell me what the effect is to quantity supplied and quantity demanded, will this create a surplus or shortage and in what, can it reach price equilibrium and why, and what the..

  What effect if any does each of the following events have

What effect, if any, does each of the following events have on the price elasticity of demand for corporate-owned jets?

  What is the average fraction of gdp this amount consisted

Collect data on the monetary base in the U.S. What was the size of the monetary base in August of 2007? What about in August of 2009? If the inflation tax is the ?M and the monetary base is our measure of M, then how much revenue was raised from the ..

  Keeps the beverage colder for longer period of time

Suppose three companies, Optimax, Megachug, and Thirstoid, dominate the sports drink market. Optimax enjoys the largest market share. Megachug, dissatisfied with its market share, begins offering its sports drink in a new container that, according to..

  Which industries would you recommend the nation

According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.

  Average variable cost function for electricity generation

A study of the costs of electricity generation for a sample of 56 British firms in 1946-1947 yielded the following long-run cost functions: AVC= 1.24 + .0033Q +.0000029Q2- .000046QZ-.026Z +.00018Z2 where AVC = average variable cost (i.e. working cost..

  Different store to purchase red beans and rice is two cents

Suppose that three groceries sell Bubba's Gourmet Red Beans and Rice. Bullseye market is able to acquire, stock, and market them for $2.00 per package. OKMart can acquire, stock, and market them for $1.98 per package.  If the cost of going to a diffe..

  Considered unemployed according to official statistics

Who of the following people are considered unemployed according to official statistics? (Mark off ALL who are considered unemployed.) choose which?

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