Essays Tagged: "Market structure"

Postal Service As a Monopoly

- -Postal Service As a MonopolyIn the United States economy most markets can be classified into fourdifferent markets structures. But, each and every market in the U ... nd every market in the UnitedStates is completely unique from the others. Generally the best type ofmarket structure for the general public is per-fect competition becauseit creates the lowest possibl ... United States Postal Service is oneof them and since the Postal Service is a monopoly, it is its ownmarket. This paper will discuss the budget dilemmas that the postalservice has faced for the past tw ...

(5 pages) 193 0 4.2 Jan/1996

Subjects: Social Science Essays > Economics > Development Studies

The Telecommunications Industry .

IntroductionTelecommunications market is a very complex market, which can be viewed as having two integral parts: The equipment mak ... or only. This is because the competition in the equipment maker sector can be categorised as a free market, with perfect competition according to some economists. As such it is largely uninteresting f ... ely uninteresting for this paper. Instead, this paper will attempt to focus at the service provider market because this one is in a process of transition from the monopoly toward the oligopoly, with m ...

(10 pages) 483 0 4.5 May/2003

Subjects: Science Essays > Technology

Types of markets in economics.

truckers. This does not mean that the monopolist will set the highest possible price for his goods. Market demand will decrease as prices rise. Therefore, the monopolist must set prices that the marke ... al manufacturing costs and above a normal return on investment.Natural monopolies this is where the market structure of monopoly is the 'natural' state of affairs in an industry. This tends to happen ...

(3 pages) 178 0 3.0 Oct/2003

Subjects: Businesss Research Papers

Market-Entry and Competition A Discussion of Strategies available to Entrepreneurs

Market-Entry and CompetitionA Discussion of Strategies available to Entrepreneursby Kai F. Mahnert, ... neursby Kai F. Mahnert, DBMKConducted for Ivan Mc Phillips, Lecturer in Enterprise Development, GMITMarket-Entry StrategyMarket-entry strategy is the way the entrepreneur proposes to enter the market ... he entrepreneur proposes to enter the market s/he has chosen for the new venture, be it an existing market or a completely new one (i.e. a new market for an existing product or a new product in the ge ...

(6 pages) 200 1 3.4 Feb/2004

Subjects: Businesss Research Papers

Consider the amount of price variation that you have found. Discuss possible explanations and include those relating to "tourist trap" or other models based on imperfect consumer information.

ut product prices, attributes or quality, their buying behaviour can be altered and thereby affects market structure. In relation to simple economics market structure theory, perfect competition is a ... is that they cost a lot more than a normal camera and not everyone can afford one. But no doubt the market is growing, and it's not a surprise leading firms in this particular industry are investing h ...

(7 pages) 51 0 2.2 Mar/2004

Subjects: Social Science Essays > Economics

Monopolistic competition and economic efficiency.

Year 2000, March.One of the most important and basic economic issues is the theory of Market Structure. The meaning of economics as a science is the description and explanation of differ ... l, of either economic agency could not be achieved while acting without knowing something about the market, on which it operates. One can not predict or expect either producers' or consumers' behaviou ... ur without knowing general profit and utility maximising notions and conditions. The structure of a market provides this information.The theory of Market Structure divides the markets into four most d ...

(6 pages) 383 0 4.8 Apr/2004

Subjects: Social Science Essays > Economics

Assignment II Case Study--Perfect Competitive Market Model

roduction or maximizing the total revenue. The prospects of profit for a firm are further guided by market conditions. In a market where a firm has to sell its output there may be competitive, monopol ... irm has to sell its output there may be competitive, monopolistic or oligopolistic conditions. Each market type has a different impact on the price and quantity sold by the firm. My paper focuses on t ...

(8 pages) 161 0 4.5 Apr/2004

Subjects: Businesss Research Papers

Why is perfect competition sometimes regarded as an ideal market structure and why does Samuelson write that it doesn't faithfully represent the facts about modern industry?

Perfect competition sometimes is regarded as an ideal market structure because itsupports the actual ideology of a free market economy where, for example ... works independent of other entrepreneurs and each individual buyer or seller does not influence the market, there are perfect substitutes for all goods and the demand is perfectly elastic, hence there ... a freedom of entry and exit of firms. Both the consumers and producers have a perfect knowledge of market conditions. The demand curve is equal to the marginal revenue curve meaning that the firm sel ...

(2 pages) 76 0 0.0 May/2004

Subjects: Social Science Essays > Economics

An explanation of monopoly, oligopoly, perfect competition, and monopolistic competition - a detailed overview

The Australian market is a diverse economic ocean - it has different species of marine life (industries), different ... ic companies). One of the key determinates to a successful national economy is the structure of its markets. The main market structures are: 1. Monopoly2. Oligopoly3. Perfect Competition4. Monopolisti ... ructures are: 1. Monopoly2. Oligopoly3. Perfect Competition4. Monopolistic CompetitionEach of these market structures have unique characteristics, and can be classified according to three factors. The ...

(4 pages) 837 0 3.3 May/2004

Subjects: Social Science Essays > Economics > Development Studies

Economic analysis of Dell Desktop Computers Industry Demand, Costs and production, Market Structure, SWOT analysis, Global Strategy, Recommendations

top ComputersTable of Contents1. Introduction 62. The Industry Demand 73. Costs and Production 154. Market Structure 205. Strategy 256. Recommendations 31References 331. IntroductionMichael Dell start ... billion, and the company continues to expand in its current products and regions, and also into new markets. This makes Dell to the second largest seller of Computers and Computer products after Best ...

(22 pages) 1321 1 5.0 Jul/2004

Subjects: Businesss Research Papers

Wal-Marts organizational structure consists of a divisional structure

al structure. A divisional structure has three different categories in which are product structure, market structure, and geographic structure. Wal-Mart falls under market structure. This is where gro ... ustomers so that each division contains the functions it needs to service a specific segment of the market (p.514, George, Jones). For example Wal-Mart offers vision, pharmacy, haircuts, grocery, craf ...

(2 pages) 355 1 5.0 Oct/2004

Subjects: Businesss Research Papers > Management

Summary- foreign exchange risk

e be expressed in terms of the law of one price which states that "in the presence of a competitive market structure and the absence of transportation cost and other barriers to trade, identical produ ... of transportation cost and other barriers to trade, identical products which are sold in different markets will sell at the same price in terms of a common currency" (Pilbeam, 1992). Importers and ex ...

(5 pages) 363 0 3.0 Dec/2004

Subjects: Businesss Research Papers > Management

Goverment policy and perfect competetion

How efficient the economy is operating largely depends on the level of the competition in the market. Level of competition in economic theory is divided into three different categories, named th ... us it is, to a certain extent, the authorities' main task to keep the entry barriers low, where the market can operate efficiently, but it does not mean the monopolistic market structure is always ine ...

(8 pages) 166 0 4.0 Mar/2005

Subjects: Social Science Essays > Economics

Oligopoly in india

OLIGOPOLYA market structure dominated by a small number of large firms, selling either identical or differentia ... ferentiated products, and significant barriers to entry into the industry.This is one of four basic market structures. The other three are perfect competition, monopoly, and monopolistic competition.T ... ry has significant barriers to entry.PRICINGThe members of an oligopoly change the nature of a free market. While they can't dictate price and availability like a monopoly can, they often turn into fr ...

(7 pages) 123 1 3.0 Mar/2005

Subjects: Businesss Research Papers

Cola wars

ta consumption growth), along with the overall growth of the world population, show that the global market is far from saturation. Such an attractive industry should attract many new investors, which ... tors, which in the long-run would limit the industry's profitability. However, a closer look at the market structure reveals the reasons why the soft drink industry is highly profitable for the establ ...

(4 pages) 181 0 1.0 Mar/2006

Subjects: Businesss Research Papers > Case Studies

How Firm Behave under Perfect Competition in the Short and Long Run.

Perfect competition is a market structure characterized by a large number of buyers and sellers of essentially the same produ ... is a free entry and exit of these firms to and from the industry. The firm in a purely competitive market faces a perfectly elastic demand curve at the price determined by equilibrium in the market ( ... ays produces where marginal cost is equal to marginal revenue. When a firm is small relative to the market, and its product is indistinguishable from the product of other firms, the firm views itself ...

(3 pages) 147 0 5.0 Mar/2006

Subjects: Social Science Essays > Economics

Henkel Loctite

Question 1Market structureHenkel Loctite is a global producer of high-quality industrial adhesives and sealant ... l leaking cause by existing gasket. As an automotive product seller they needs to known about their market structure and their product demand. The knowledge of market structure and demand are very imp ... cially where buyer and seller are both organization so call business to business. I will illustrate market structure and demand for automotive industry.Market is a physical place where buyer and selle ...

(11 pages) 78 0 0.0 May/2006

Subjects: Businesss Research Papers > Case Studies

Economics of Satellite Dish Providers

in relation to costs and supply.* Costs* The Law of Diminishing Returns* Determinants of SupplyThe market structure in which a firm operates affects both price and non-price competition. The followin ... .......5-8Costs.................................................................................8-11Market Structure...................................................................11-15Economic For ...

(12 pages) 123 0 5.0 Jul/2006

Subjects: Social Science Essays > Economics

Monopolistic Vs Monopoly

IntroductionIn this assignment, we will be discussing about market structure, profit-maximising output and price and also the efficiency of the markets in terms ... the efficiency of the markets in terms of price and output. As we all know, there are many types of market structure. There is monopoly, monopolistic, oligopoly, perfect competition, etc. But this ass ... sing all of them, we will only discussed two of them and make a comparison.As we have seen types of market structure, let's see what the definition of market structure is. According to Layton, et al ( ...

(9 pages) 159 0 3.7 Sep/2006

Subjects: Social Science Essays > Economics

The Cola Oligopoly

AbstractThis project focuses on the results of a market structure simulation and a product I am familiar with. I am to discuss the advantages and lim ... e are familiar with so I chose the soft drink/cola industry.IntroductionThis project focuses on the market structure of a freight transportation company. They go through several changes for each of th ... . They go through several changes for each of their divisions. Each division represents a different market structure. I will learn about perfect competition, monopoly, monopolistic competition, and ol ...

(6 pages) 587 0 4.2 Nov/2006

Subjects: Businesss Research Papers > Case Studies