Write the differences between market structures and

Assignment Help Microeconomics
Reference no: EM13455769

You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization competes. You will assess how the market structure positively and negatively affects the firm and evaluate the efficacy of the structure's competitive strategies.

Complete the University of Phoenix Material: Differentiating Between Market Structures Table located on the student website. Compare the various characteristics of the market structures by completing the table.

Write a 1,050 - 1,400-word paper

Select an industry. Identify an organization in that industry. Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon, and how this market structure differentiates from the other alternatives.

Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the efficacy of these strategies in the market structure you identified.

Make recommendations related to the strategies the organization might consider to maximize its profits.

Reference no: EM13455769

Questions Cloud

Why do marketing managers need research and what is its : why do marketing managers need research and what is its role in decision making? answer each question 2-3 paragraphs
Critically discuss the benefits of list segmentation to : critically discuss the benefits of list segmentation to direct marketers? answer each question 2-3 paragraphs with
How do you explain all the variations of ancient religions : how do you explain all the variations of ancient religions and new religions that are popping up today?how would you
Define and describe cross-border alliances what are they : define and discuss cross-border alliances. what are they and how do they work? answer each question 2-3 paragraphs with
Write the differences between market structures and : you will apply important microeconomics concepts toward the competitive strategies of an organization that operates in
Your best friend owns a small childrens clothing store : your best friend owns a small childrens clothing store located in the downtown area of a community of 50000 citizens.
Illustrate the difference between weight and : q1. what is the difference between weight and mass? q2. where is your weight greater on earth or on the moon? how about
Rflect on nelson mandelas long walk to freedomwhat is the : reflect on nelson mandelas long walk to freedom.nbsp what is the basis for his role as a leader while in prison?nbsp
Explain the four basic hrm functions how exactly do these : what are the four basic hrm functions? how exactly do these functions assist the organization in reaching its goals?1.

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain the scenario for production and consumption of

describe a scenario for the production and consumption of a product that involves all three sectors of an economy.

  Discuss the pros and cons of alternative choice mechanisms

Within the framework of production possibilities curve, discuss the pros and cons of alternative choice mechanisms with respect to the determination of price and output levels in an economy

  As you approach a gas station you notice the price is 50

You are hungry.  Very hungry.  You come across one of several restaurants in a given area.  As you look through the menu posted outside the door, you see that the prices are about double of what you expected.

  Would a higher product price lead to greater output

Suppose that Densa Inc. falls 10 percent short of producing the profit maximizing output. Would a higher product price lead to greater output Would an increase in input prices lead to a reduction in output

  What happened to the market since coal is homogenous

the oil price schok of 1980 sent gasoline prices sharply higher. Coal prices moved in sympathy with oil prices, with the result, that coal companiesearned pure economic profits. Since coal is homogenous good and the market is competitive , what ha..

  Was the higher price caused by change in demand

In the last month, the price of gasoline increased by 20 percent. Your job is to determine what caused the increase in price: a change in demand or a change in supply. Ms. Info has all the numbers associated with the gasoline market.

  Why do you think merger took place how did merger affect

what is an example of either a proposed or successful vertical horizontal or conglomerate merger with which you are

  What fiscal policies and monetary policies be appropriate

What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time

  Define marginal benefit

College education provides higher income for the individual, but also a more productive and more educated person who will contribute to society in many ways. Carbon dioxide emissions are thought to contribute to global warming, and there is concer..

  Interrelationship between four financial statements

What is the interrelationship between the four financial statements? Why is it important to make comparisons using ratio analysis? What are the different ways you can make comparisons?

  Prove that profit maximization implies cost minimization

Long run average costs rise as output increases if and only if the production function is homogeneous of degree p?(0,1). True or false? Explain your answer.

  Calculate restaurants income elasticity of demand

Becky really likes Macaroni Grill but can only afford to eat out 4 times a year.So calculate for restaurants the income elasticity of demand?

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