In an 8-10 page Final Paper, describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, monopoly), provide a real life example of each market, and respond to the following questions for each market structure:
1) How will high entry barriers into a market influence the:
Long-run profitability of the firms
Cost efficiency of the firms in the industry
Likelihood that some inefficient firms will survive
Incentive of entrepreneurs to develop substitutes for the product supplied by the firms?
2) Are competitive pressures present in markets with high barriers to entry? Explain.
3) Describe which market structure you would prefer for selling products. Explain why and support your answer with the characteristics of that market.
4) Describe which market structure you would prefer for buying products. Explain why and support your answer with the characteristics of that market.
5) Does the government affect product pricing in each of the market structures?
6) How does international trade affect each of the market structures?
Your paper will need to include a properly APA formatted title page, reference page, and in-text citations. Also, your content should be 8-10 pages, which does not include your reference or title page. You will need to include at least five scholarly sources from the Ashford library to include in your paper as part of your research to support your work and analysis.
Writing the Final Paper
The Final Paper:
• Must be eight to ten double-spaced pages in length and formatted according to APA style as outlined in the approved APA style guide.
• Must include a cover page that includes:
- Title of paper
- Student’s name
- Course name and number
- Instructor’s name
- Date submitted
• Must include an introductory paragraph with a succinct thesis statement.
• Must address the topic of the paper with critical thought.
• Must conclude with a restatement of the thesis and a conclusion paragraph.
• Must use at least five scholarly resources.
• Must use APA style as outlined in the approved APA style guide to document all sources.
• Must include, on the final page, a Reference Page that is completed according to APA style as outlined in the approved APA style guide.
please contact me for your assig