Ashford 6: – Week 5 – Final Paper

Market Structure
 

You have been hired as a consultant by your local mayor to look at the various market structures. Your role is to provide analysis and answers to these important questions that will help the mayor understand the structures of many of the businesses in his city:

1. Describe each market structure discussed in the course      (perfect competition, monopolistic competition, oligopoly, and monopoly)      and discuss two of the market characteristics of each market structure.
2. Identify one real-life example of a market structure in      your local city and relate your example to each of the characteristics of      the market.
3. Describe how high entry barriers into a market will      influence long-run profitability of the firms.
4. Explain the competitive pressures that are present in      markets with high barriers to entry.
5. Explain the price elasticity of demand in each market      structure and its effect on pricing of its products in each market.
6. Describe how the role of the government affects each      market structure’s ability to price its products.
7. Discuss the effect of international trade on each      market structure.

 Your paper will need to include a title page, a reference page, and in-text citations properly formatted according to the APA style guide. Also, your content should be eight to ten pages, which does not include your reference or title page. You will need to include at least five scholarly sources from the Ashford Library in your paper as part of your research to support your analysis.

Writing the Final Paper

The Final Paper:

1. Must be eight to ten double-spaced pages in length and      formatted according to APA style as outlined in the approved APA style      guide. 
2. Must include a cover page that includes: 
   1. Title of paper 
   2. Student’s name 
   3. Course name and number 
   4. Instructor’s name 
   5. Date submitted
3. Must include an introductory paragraph with a succinct      thesis statement. 
4. Must address the topic of the paper with critical      thought. 
5. Must conclude with a restatement of the thesis and a      conclusion paragraph. 
6. Must use at least five scholarly resources from the      Ashford University Library. 
7. Must use APA style as outlined in the approved APA      style guide to document all sources. 
8. Must include, on the final page, a Reference Page that      is completed according to APA style as outlined in the approved APA style      guide.

Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.