need assistance 9

References needed: at least two quality resources such as the course textbook, company website, business websites (CNBC, Bloomberg, etc.). Note: Wikipedia and web-based blogs do not qualify as credible resources.

Feel free to use short headings for each section.

1. Introduction

In this section, provide a one-paragraph brief introduction (one short sentence should address each of the issues below). This should be written first, clearly, and use language appropriate for scholarly papers. As a reminder, below are the primary questions of this assignment.

First, identify the industry and what is the good that the industry provides USE https://www.census.gov/cgi-bin/sssd/naics/naicsrch…

Second, list the four market structures and briefly explain the one that better aligns with your chosen industry

Third, briefly describe the good as it relates to the economic environment

Fourth, list the tools used by the government to regulate the market (price controls, industry regulations, and antitrust enforcement) and choose the one that you think, may impact on the industry’s market prices, output, and/or market structure

2. The industry and the goods and services provided

What goods and/or services does this industry provide?

• Write at least one paragraph identifying the industry and the good, and explain the importance of this good in the economy. For example, why do people need the good? You may also expand upon this point by briefly elaborating on the other goods and services provided by this industry.
• It should be written clearly and should use language appropriate for scholarly writing.
• Do not use the bulleted or numbered list

3. Market Structure

• Briefly define the four market structures covered in Weeks 3 and 4 (perfect competition, monopolistic competition, oligopoly, and monopoly)
• Determine which of the of the four market structures (perfect competition, monopolistic competition, oligopoly, and monopoly) is best suited for your chosen industry and why. More emphasis should be placed on the chosen market structure
• Associate the characteristics of the chosen market structure with your industry and apply the price determination in your chosen market structure as covered by the course materials. For example, how the industry set up prices? Are the products differentiated/homogeneous? Is it possible for firms to enter the industry?
• Be specific about how you connect the economic concepts to the industry and product identified.

• It should be written clearly and should use language appropriate for scholarly papers

• Do not use the bulleted or numbered list.

4. Economic Trend

• Write one paragraph describing any notable economic aspect of the product as it relates to the market.
• You may also use a graph or table to determine any trends that you would highlight about this industry. Focus on the stability or increase/decrease of the product in term of one or more of the following characteristics: quantities of product, revenues, productions, etc. (be certain to follow your graph or table with substantiated comments, explaining any major discrepancy in the data or the change in the shape of the curve).

• It should be written clearly and should use language appropriate for scholarly papers
• Do not use the bulleted or numbered list

5. Government Intervention

• Define the tools that the government can use to regulate the market (price controls, industry regulations, and antitrust enforcement)
• Choose one of the tools at the government disposal (price controls, industry regulations, and antitrust enforcement) and explain how it can impact on the industry’s market prices, output, and/or market structure

• Be specific about how you connect one of the tools above (price controls, industry regulations, and antitrust enforcement) to the industry’s market prices, output, and/or market structure

• It should be written clearly and should use language appropriate for scholarly papers
• Do not use the bulleted or numbered list.

6. Conclusion

• This should be your (own) personal opinion.
• Explain what you learned about the topic
• Explain what conclusion you draw from your research on the topic.
• It should be written clearly and should use language appropriate for scholarly papers
• Do not use the bulleted or numbered list
• You will write this last.

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