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Mr. Gregory White
Mr. Gregory White, Master's Degree
Category: Essays
Satisfied Customers: 500
Experience:  M.A., M.S. Education / Educational Administration
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I would need this done no later than Saturday 4/28/12 - 5:00 pm CST.

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.

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.

Complete the Differentiating Between Market Structures.
Choose one to address.
Prepare a table that compares and contrasts the various characteristics of the four market structures to include in your paper. Format the table as follows:
Column headings should be the four market structures:
1) Perfect competition
2) Monopoly
3) Monopolistic competition
4) Oligopoly

Use the following Row headings to help explain the basis for your market characterization:
1) An example of a organization
2) Goods or services produced by the organization
3) Barriers to entry
4) Numbers of organizations
5) Price elasticity of demand
6) Economic profits (Is there a presence of economic profits? Yes or no.)
Submitted: 4 years ago.
Category: Essays
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Customer: replied 4 years ago.

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Customer: replied 4 years ago.
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