Market Structure Assignment | Get Homework Help

Market Structure
You have been hired as a consultant by your local mayor to look at the various market structures. Your role is to provide analysis and answers to these important questions that will help the mayor understand the structures of many of the businesses in his city:

1. Describe each market structure      discussed in the course (perfect competition, monopolistic competition,      oligopoly, and monopoly) and discuss two of the market characteristics of      each market structure.
2. Identify one real-life example      of a market structure in your local city and relate your example to each      of the characteristics of the market.
3. Describe how high entry      barriers into a market will influence long-run profitability of the firms.
4. Explain the competitive      pressures that are present in markets with high barriers to entry.
5. Explain the price elasticity of      demand in each market structure and its effect on pricing of its products      in each market.
6. Describe how the role of the      government affects each market structure’s ability to price its products.
7. Discuss the effect of      international trade on each market structure.

Your paper will need to include a title page, a reference page, and in-text citations properly formatted according to the APA style guide. Also, your content should be eight to ten pages, which does not include your reference or title page. You will need to include at least five scholarly sources from the Ashford Library in your paper as part of your research to support your analysis.

Writing the Final Paper

The Final Paper:

1. Must be eight to ten      double-spaced pages in length and formatted according to APA style as      outlined in the approved APA style guide.
2. Must include a cover page that      includes:
   1. Title of paper
   2. Student’s name
   3. Course name and number
   4. Instructor’s name
   5. Date submitted
3. Must include an introductory      paragraph with a succinct thesis statement.
4. Must address the topic of the      paper with critical thought.
5. Must conclude with a      restatement of the thesis and a conclusion paragraph.
6. Must use at least five      scholarly resources from the Ashford University Library.
7. Must use APA style as outlined      in the approved APA style guide to document all sources.
8. Must include, on the final      page, a Reference Page that is completed according to APA style as      outlined in the approved APA style guide.