Eco 365 Week 3 Complete Uop Exam Assignment

ECO 365 Week 3 Complete

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DQ 1. Briefly describe each of the four market structures. How would you explain the differences among these market structures? Identify which market structure your organization competes in and why you think so. If you work in a government organization, pick a private company you are familiar with. Government is by definition a monopoly, and so not very interesting in this context.

DQ 2. What are some real-life examples of monopolistically competitive, oligopoly, and monopoly markets? How do market prices differ between perfectly and imperfectly competitive markets? Will a monopoly always produce at a profit-maximizing level of output? Explain your answer.

Learning Team - Current Market Conditions Competitive Analysis

Imagine you are part of a strategic planning group at a large corporation that is considering developing a new proposed product. The marketing director has asked your team to do a competitive market analysis to determine the product’s potential success. The analysis will focus on your primary competitor in the product’s market.

Select a potential competitive organization and a product in that organization.

Write a 1,400 – 1,750-word paper of no more than analyzing the current market conditions. Address the following topics:

· A short history of the organization and a description of their product

· Factors that affect demand, supply, and equilibrium prices in the market in which the competitor organization operates: Define the market for your chosen product, including an analysis of its competitors, potential customers, or potential buyers.

· Any issues or opportunities your organization or industry faces that affect its competitiveness and long-term profitability with regards to your product: This may include, but is...