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T Thesis Components Your research paper must: Provide a clear description of the market being analyzed, with a reputable source supporting your description. Describe the

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T Thesis Components Your research paper must: Provide a clear description of the market being analyzed, with a reputable source supporting your description. Describe the key transactions that take place in this market. Identify characteristics of the market that help to explain the market structure, with specific supporting evidence. C(Clearly identify benefits that accrue from transactions. O What does the producer gain? O What does the purchaser gain? O Are there intermediaries involved in transactions? O Are there any positive externalities through which bystanders might benefit? Clearly identify any market power that exists in this market. Who holds market power? (Producers? Consumers? Intermediaries?) O Provide evidence of the market power. O Clearly describe the impacts of any market power. Who benefits from the market power? In what way? Who is disadvantagd? In what way? I|dentify at least one action or policy that might improve overall efficiency or the overall value of market transactions in this market. Summarize your main findings regarding market power and market efficiency in this industry

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