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Market Structure Discussion Questions

 

  • Distinguish among four market structures: perfect competition, monopolistic competition, oligopoly, and monopoly in this order.
  • Identify your company’s market structure (i.e., perfect competition, monopolistic competition, oligopoly, and monopoly), explaining your reasoning.
  • Examine whether competitive pressures are present in your company’s industry with high barriers to entry.
  • Evaluate how high barriers to entry into the industry may influence your company’s long-run profitability.
  • Explain the price elasticity of demand in your company’s market structure and its effect on your company’s pricing decision.
  • Investigate whether government regulations encourage or discourage your business relative to its industry.
  • Analyze how the role of the government may affect your market structure’s ability to price its products 4 double spaced pages
  • For further assistance with the formatting and the title page, refer to APA Formatting for Microsoft Word (Links to an external site.).
  • Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.
  • Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
  • Must use at least three scholarly, peer-reviewed, and/or other credible sources in addition to the course text.