Research essay (also upload book recommended)

 

a) Briefly describe and contrast four market structures. (Hints: Use features of each market structure such as number of sellers, type of product, entry conditions, profits and losses in the short and long run, advertising, research and development and appropriate diagrams to answer this question. While your textbook is your first point of reference, you should consult other references in order to receive full marks. Use real life examples to support your discussion).   (8 marks)

b) Choose an industry from Nepal representing monopoly. Explain why it is a monopoly based on the characteristics of market structures outlined in part a). Analyse price and output decisions made by this monopoly using economic theory and illustrate it on a diagram. (Hint: this is your case study that you need to describe in details, provide relevant information, use table, diagrams where appropriate. You should use real data as much as possible).                     (8 marks)

c) Using your case study, evaluate the efficiency of your chosen monopoly. Explain it using economic theory and illustrate it on a diagram. (Hint: compare the allocation of resources and market outcomes between your chosen industry and perfectly competitive market structure using theory and real data from your case study). (6 marks)

d) Provide the case for or against the monopoly in your case study. Would you suggest to break up this monopoly into oligopoly? Explain using economic theory and diagrams. (Hint: use real life data from your case study. For example, if the monopoly has been investing in research and development, provide evidence with supporting references).              (4 marks)

Additional marks                                                       (4 marks)

Overall presentation of work, especially use of graphs, clear written expression.   2 mark

Appropriate use of referencing.   2 marks

Assessment criteria

  • You must refer to the textbook in the first instance. Besides the textbook, you should also refer to a few other academic books, journal articles and relevant websites in answering these questions.
  • Use in-text referencing and provide a list of references.
  • All submissions for this course must use the American Psychological Association (APA) referencing style (details can be obtained at https://www.cqu.edu.au/student-life/services-and-facilities/referencing/cquniversity-referencing-guides).
  • Concepts must be defined accurately and completely.
  • The assumptions upon which the analysis is based must be stated at the onset.
  • Diagrams must be drawn properly, correctly labelled and the relations they depict explained.
  • Photocopied and scanned graphs from books, articles or websites are not acceptable.  It is preferable to hand-draw a graph then scan it to insert in your file.
  • Answers must be complete, addressing the specific tasks nominated in the questions.
  • Remember an extension is not a gift, it is a burden.
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

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.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.