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.
- For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the Writing Center resources.
- Must use at least three scholarly, peer-reviewed, and/or other credible sources in addition to the course text.
- The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.
