Description
11/21/2016 Register now with WritersHub.org!
http://www.writershub.org/writer/orders/93505#instructions 3/4
Write?a?short?(2?3?page,?double?spaced,?typed)?essay?identifying?and?describing?the?conditions?you?observed?for
a?business?in?Monopolistic?Competition?or?a?Differentiated?Oligopoly?who?differentiates?their?product.?Your
paper?should?also?provide?brief?market?analysis?including?the?state?of?the?market?before?and?after?the
differentiation,?as?well?as?the?observed?changes?that?resulted.?Specifically,?the?following?questions?should?be
addressed:
?What?type?of?market?structure?was?the?product?or?service?in?when?the?differentiation?occurred?
?What?is?the?differentiation??Describe?specifically?what?the?differentiation?was?and?tell?us?what?that?means?for
rational?business?price?and?production?decisions.
?What?was?the?observed?change?in?the?equilibrium?price?and?quantity?in?the?market,?as?well?as?the?company?
?Evaluate?the?result?of?the?observed?change?from?perspectives?of?efficiency?and?equity?drawing?upon?price/cost
margins?for?your?explanation.
?Evaluate?whether?the?decision?to?differentiate?the?product?was?a?good?move?for?that?business?at?that?time.
Evaluate?whether?the?decision?to?differentiate?the?product?was?a?good?economic?decision?for?that?business?at?that
time.?That?is,?were?economic?or?normal?profits?realized?as?a?result?

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Your email address will not be published. Required fields are marked *

Description
11/21/2016 Register now with WritersHub.org!
http://www.writershub.org/writer/orders/93505#instructions 3/4
Write?a?short?(2?3?page,?double?spaced,?typed)?essay?identifying?and?describing?the?conditions?you?observed?for
a?business?in?Monopolistic?Competition?or?a?Differentiated?Oligopoly?who?differentiates?their?product.?Your
paper?should?also?provide?brief?market?analysis?including?the?state?of?the?market?before?and?after?the
differentiation,?as?well?as?the?observed?changes?that?resulted.?Specifically,?the?following?questions?should?be
addressed:
?What?type?of?market?structure?was?the?product?or?service?in?when?the?differentiation?occurred?
?What?is?the?differentiation??Describe?specifically?what?the?differentiation?was?and?tell?us?what?that?means?for
rational?business?price?and?production?decisions.
?What?was?the?observed?change?in?the?equilibrium?price?and?quantity?in?the?market,?as?well?as?the?company?
?Evaluate?the?result?of?the?observed?change?from?perspectives?of?efficiency?and?equity?drawing?upon?price/cost
margins?for?your?explanation.
?Evaluate?whether?the?decision?to?differentiate?the?product?was?a?good?move?for?that?business?at?that?time.
Evaluate?whether?the?decision?to?differentiate?the?product?was?a?good?economic?decision?for?that?business?at?that
time.?That?is,?were?economic?or?normal?profits?realized?as?a?result?

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Your email address will not be published. Required fields are marked *