[WLOs: 1, 2, 3, 4] [CLOs: 1, 2, 3, 4, 5, 6, 7]
Prior to the Week 4 assignment, read Chapters 9, 10, and 11 in your textbook. Select one real-world company to use for the Week 4 assignment.
In your paper,
Distinguish among four market structures: perfect competition, monopolistic competition, oligopoly, and monopoly in this order.
Identify your companys market structure (i.e., perfect competition, monopolistic competition, oligopoly, and monopoly).
Examine whether competitive pressures are present in your companys industry with high barriers to entry.
Evaluate how high barriers to entry into the industry may influence your companys long-run profitability.
Explain the price elasticity of demand in your companys market structure and its effect on your companys pricing decision.
The Market Structures paper
Must be three to five double-spaced pages in length (not including title and references pages) and formatted according to as outlined in the Writing Centers
Must include a separate title page with the following:
Title of paper in bold font
Space should appear between the title and the rest of the information on the title page.
Name of institution (University of Arizona Global Campus)
Course name and number
Must utilize academic voice. See the 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 as well as , refer to the Writing Center resources.
Must use at least three scholarly and/or credible sources in addition to the course text.
The 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.
To assist you in completing the research required for this assignment, view the tutorial, which introduces the University of Arizona Global Campus Library and the research process, and provides some library search tips.
Must document any information used from sources in APA Style as outlined in the Writing Centers
Must include a separate references page that is formatted according to APA Style as outlined in the Writing Center. See the resource in the Writing Center for specifications.
Carefully review the for the criteria that will be used to evaluate your assignment.