Managerial Economics

Q1. write an APA formatted paper of minimum five (5) pages about the following:

● Explain the Five Forces Framework and Industry Profitability of Michel Porter.

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● Describe the four market structures of Perfect Competition, Monopoly, Monopolistic

Competition, and Oligopoly.

● Analyze the relation between the five forces and different market structures.

● Apply your understanding in the evolution of the market in the computer industry (Page 223).

Q2. This article summary should not be the only article researched for your Q1

assignment. You may (and should) have several other articles researched to fully answer your

Q1 assignment. Please ensure that your reference for the article is in correct APA format, as your

reference in your discussion post. Depending on which electronic database you use, you

should see a “Cite” selection for your article. In addition, there should be a variety of articles

summarized and as such, students should have different articles summarized. Your summary

MUST include ALL of the following in your answer (include every item in the bullet list below,

or you will not receive full credit):

Do these in order:

● In correct APA format, write the Reference of the article.

● Clearly state what the article is about and its purpose.

● Describe how you will use it in your upcoming assignment.

● Repeat for a total of six (6) peer-reviewed sources.

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