ECO 212 week 3 Learning Team Assignment Differentiating Between Market Structures Table and Paper - 1762

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1.     Learning Team Assignment: Differentiating Between Market Structures Table and Paper

 

·         Resources: Principles of Economics textbook, articles, and Tomlinson Economics Videos

·         Prepare the Market Structures Table and Paper based on your learning, readings, and videos.

·         Complete Part I: Differentiating Between Market Structures Table

 

o    Prepare a table that describes the characteristics of competitive markets, monopolies, and oligopolies. Format the table as follows:

 

·         Column headings must be the four market structures.

·         Row headings must explain the basis for your market characterization.

 


 

·         Complete Part II: Differentiating Between Market Structures Paper

 

o    Write a 1,050- to 1,400-word paper summarizing the content of the table. Address the following questions:

 

·         Compare and contrast public goods, private goods, common resources, and natural monopolies.

·         Explain how labor market equilibrium is affected by the supply and demand of labor.

·         Select an organization with which you are familiar and identify the market structure of that organization. Evaluate the effectiveness of this structure for the organization.

·         For your selected organization, summarize the factors that affect labor supply and demand.

 

·         Cite your references appropriately. If you used an electronic source, include the URL. If you used a printed source please attach a copy of the data to your paper.

·         Format your paper consistent with APA guidelines.

 

 

 

Solution Description

1.     Learning Team Assignment: Differentiating Between Market Structures Table and Paper

 

·         Resources: Principles of Economics textbook, articles, and Tomlinson Economics Videos

·         Prepare the Market Structures Table and Paper based on your learning, readings, and videos.

·         Complete Part I: Differenti

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ECO 212 Market structure Table.doc
ECO 212 Market ...