Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the company should be walmart. Based on your selection, answer the following questions: In your paper, Describe the basics of the business you chose- including

the company should be walmart. Based on your selection, answer the following questions:

In your paper,

  • Describe the basics of the business you chose- including the size of the business, types of goods/services the business sells, and possible barriers to entry/exit.
  • Distinguish among four market structures: perfect competition, monopolistic competition, oligopoly, and monopoly in this order.
  • Discuss what kind of market structure your company falls under. Why?
  • Analyze whether the demand of the goods/services sold by the business are elastic or inelastic. Why?
  • Discuss if there are any externalities involved. If so, explain how the externalities can be fixed.
  • Discuss any roles that larger companies can play in promoting inclusion, equality and reducing poverty.

The Fundamentals of Microeconomics final paper

  • must include a separate title page with the following in title case:
    • title of paper in bold font
      • Space should appear between the title and the rest of the information on the title page.
  • must utilize academic voice.
  • must include an introduction and conclusion paragraph.
    • Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
  • must use at least five credible sources in addition to the course text.
    • The Scholarly, Peer-Reviewed, and Other Credible SourcesLinks to an external site. table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Environmental Economics And Policy

Authors: Thomas H Tietenberg

5th Edition

0321348907, 9780321348906

More Books

Students also viewed these Economics questions

Question

2. To store it and

Answered: 1 week ago