Explain the price elasticity of demand in your company’s market structure and its effect on your company’s pricing decision.

Explain the price elasticity of demand in your company’s market structure and its effect on your company’s pricing decision.

The Week 4 assignment is a group project. During Week 4 or earlier, five to six students are assigned groups. Each group leader will submit the assignment on behalf of their group. Each group selects one factual business example then, responds to the following:

Distinguish among four : perfect competition, monopolistic competition, oligopoly, and monopoly in this order.

Identify your company’s market structure (i.e., perfect competition, monopolistic competition, oligopoly, and monopoly), explaining your reasoning.

Examine whether competitive pressures are present in your company’s industry with high barriers to entry.

Evaluate how high barriers to entry into the industry may influence your company’s long-run profitability.

Explain the price elasticity of demand in your company’s market structure and its effect on your company’s .

Investigate whether government regulations encourage or discourage your business relative to its industry.

Analyze how the role of the government may affect your market structure’s ability to price its products.

The Market Structures paper

Must be two double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Writing Center’s APA Style resource.

Must include a separate title page with the following:

Title of paper

Assigned group

Students’ names in group

Course name and number

Instructor’s name

Date submitted

Requirements: 2 pages

Answer preview to explain the price elasticity of demand in your company’s market structure and its effect on your company’s pricing decision.

Explain the price elasticity of demand in your company’s market structure and its effect on your company’s pricing decision.
APA

736 words

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