In the introduction for this course, you were challenged to watch for three things you were curious about the economy. Use this curiosity as a springboard to preparing a 400 – 500 word exploration (roughly 1-2 pages) in which you pick an industry/market and develop an argument for what type of market structure that the industry must compete in. An example would be the bowling ball industry. The bowling ball industry includes all manufacturers of bowling balls. The company, Brunswick that makes bowling balls is not the industry, it is a member of the industry.
In your capstone write up, make sure you:
Compare and contrast your industry to each of the three characteristics of the market structure (identify which category –Pure Competition, Monopolistic Comp, Oligopoly, or Monopoly AND then within that category you select describe WHY specifically your selected industry fits in that category—see my elephant powerpoint for the list and/or the textbook–things like ease to enter the market, number of sellers, etc etc). In other words, but detailed example, fully explain why the industry fits each of the characteristics of the market structure.
In addition, explain one example of a market failure of this industry. The four types of market failures are public goods, market control, externalities (which are 3rd party benefits or hinderances), and imperfect information. Be VERY specific in your examples.
Then make a conclusion paragraph about the type of market structure your industry fits best.
YOU MUST USE TWO APA CITATIONS (not just one). One of the citations should be from one of our Supplemental Resources from the top of our Modules page such as BLS.GOV.
Plagiarism Free Papers
All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.
All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.
A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.
Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.
Originality & Security
At Homework Sharks, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.
24/7 Customer Support
Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
We work around the clock to see best customer experience.
Our prces are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.
Admission help & Client-Writer Contact
When you need to elaborate something further to your writer, we provide that button.
We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.
Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.