Oligopoly Research Papers Samples For Students

Month Day, Year

Introduction
This purpose of this report is to an analysis different market structures in my local city. The report will assist my mayor to know the kind of businesses in the city. I will analyze the four market structures that I learned in class and then relate them to my local city. The market structures include monopoly, a situation in which there is only a single firm in a particular industry. Oligopoly is the second market structure, where there are a few enterprises and many buyers in a certain industry. The third is monopolist competition, whereby many sellers offer ...

Introduction

Firms in different industries across Australia operate in varying market structures including oligopoly, monopoly, and monopolistic markets. Monopoly firms include Telstra, a telecommunications company that has over the years proved to be the dominant supplier of the internet and mobile services. Grocery supermarkets including Aldi, Woolworths, and Coles operate in oligopoly structures where they have dominance over smaller grocery retailers. Firms operating in the monopolistic structure include restaurants and hairdressing shops where firms aim at expanding their market share through product differentiation. The paper, therefore, uses examples drawn from Australian markets to discuss various market structures.

Oligopoly market structure in Australia

The grocery retail ...

[Author’s name]

Monopolistic and oligopolistic competition: theory and examples

Introduction
One of the most important characteristics of an industry is its competitiveness. It often determines how profitable the businesses within this industry are or potentially can be, whether they have incentives to provide quality products and happy the customers are purchasing the products. In microeconomics, three types of market competition are usually being considered: monopoly, oligopoly and perfect competition. Monopoly implies that there is sole supplier of a good or service in the market who is a price setter and most often exploits its monopolistic power to derive excessive profits. The opposite to it is perfect ...

Introduction

Takezo Takada was a visionary man who started the company in 1933, which only became Takata Corporation in the 1980s. It first ventured on textiles at the Shiga Prefecture in Japan but later shifted to automotive safety items in the 1950s. Today, Takata is the world’s leading manufacturer of automotive safety systems, with a capitalization of ¥41,862 million and 50,539 employees spread throughout the major cities of the world, operating 58 manufacturing plants in about 21 countries (Takata Corporation, 2015). Its corporate governance involves a centrally integrated system, with regional and international offices. It has regional ...

Abstract

The paper dwells on general equilibrium theory by putting into perspective various critical issues. The origin of the concept of general equilibrium theory is illuminated dating back to neoclassical period. Moreover, various models such as Walras model of pricing and modern equilibrium model is also put into consideration. Finally, the importance and application of general equilibrium has also been discussed at length. General equilibrium theory refers to a concept modeled around theoretical economics. The modern general equilibrium takes into consideration three important interpretations which should be taken into consideration. The idea of general equilibrium theory cannot be complete when there ...

Introduction

General Electric is by far one of the most diversified companies in the delivery of technological, financial, and media services. This can be evidenced from the wide range of their products and services that include power generation, household appliances, aircraft engines, water processing, consumer financing, media content, medical imaging, business and consumer financing among other industrial products (Datamonitor Report, 2011). Primarily, General Electric operates in six operating regions that include Australia, Asia, Europe, North America, Africa, and South America. It is headquartered in Fairfield, Connecticut, and it has approximately 439 manufacturing plants, 219 of these plants being located ...

- Abstract of the case

Dates: Reargued January 9,10,11,12, 1911; Decided: May 29, 1911.

The objective of the case was to ascertain whether the actions of the defendants amounted to a restraint on the ‘interstate commerce in tobacco’. Drawing precedence to a previous ruling against Standard Oil Co., the court was of the opinion that the company has violated the provisions of the Antitrust Act, 1890 on two grounds, by restraining interstate trade of tobacco and by monopolization of the tobacco business. The court reaffirmed that the actions of the American Tobacco Company was against the public interest as it involved ‘combinations’ that attempted to restrict competition. The court was ...

Introduction

Microeconomics can be defined as the analysis of the decisions made by individuals and groups, the factors that affect those decisions, and how those decisions affect others (Moffatt, n.pag.). Unlike macroeconomics that deals with aggregate level activities, microeconomic deals with individual, household and firm level economic activities. It helps in understanding the dynamics of an industry and microeconomic impact of industries. The industry that has been chosen for this study is automotive industry for two reasons. First, automobile industry significantly contributes to global economy. Second, the industry is dynamic and undergoing a lot of changes in the recent past.
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The coffee industry in developed countries is traditionally perceived as prosperous and stable. Also, the coffee business grows in developing countries, but this stability is apparent. Fluctuations of minimum coffee prices create serious difficulties for countries, which economies are directly dependent on coffee production. It happened that coffee sector in Mexico faced the crisis due to the evanescence of control tools, the decrease of prices, the insolvency of numerous local and global exporters, the shortage of loans, and the removal of the government from the coffee segment changed the situation in the industry (Renard, 2010).
Before the crisis many ...

Economics 15: Research paper

Markets – late 19th Century/early 20th Century
Monopoly, Oligopoly and Trusts
The late 19th - early 20th century was the time of rapid development of American industry. In 1895, the majority of industries were competitive with no dominating companies. As a result of intense competition, many weak and small companies “disappeared”. Large and successful capitalistic associations based primarily on a system of participation got the name of trusts and corporations. One after another, the industries occurred in the hands of small groups of entrepreneurs, who used any methods to achieve complete control over these sectors of the economy. By 1904, ...

My research topic is imperfect competition in labor market. I started to search about the studies about the effects of a firm’s monopoly or monopsony power on wages and hiring. I evaluate my paper with the major features of U.S. labor legislation which is about the evolution of the labor union movement, the effects of wage discrimination on the efficiency of the labor market and the overall effects of unions on economic performance. Imperfect competition means perfectly competitive markets which maximize economic surplus and reduce economic surplus to varying degrees. This market type is very common. There are various ...

Given that the new company is now run as a monopoly, how will this benefit the stakeholders involved, such as the government, businesses, and consumers?

In this scenario, two shrewd attorneys with financial influence exploited a condition in a liberal market to pool a previously fruitful industry. This made a situation in that they have no competition and they are prepared to vend! The administration consulting company they employed will coordinate the publicising, the lay-off of workers, and the fresh approach of operating. Subsequent to hours of investigation, I have established there are several views for and against this novel approach of monopoly (Maurya, ...

Introduction

Wal-Mart is the world’s largest retailer with more than 4,300 stores in the United States and over 8,000 worldwide, with global sales topping $400 billion in 2009. It is the largest retailer in the U.S., where more than half its revenue comes from grocery sales. This paper considers some of the retail giant’s negative impacts.
Since opening its first store in Bentonville, Arkansas in 1962, Wal-Mart has steadily spread from its base in the South and Midwest to dominate the suburban and rural retail market across the U.S. Wal-Mart is addressing the first obstacle – store ...

The fundamental rule of economics is that it is a study of interaction of various market forces for utilization of the limited resources towards the satisfaction of unlimited demands of the society. The interaction and power of the forces of demand and supply determines the nature of the market. Microeconomics is the study which deals with the interaction of the individual demand and supply forces. The nature of such interaction and the relative influence of demand and supply forces would determine the kind of competition that exists in the market i.e., perfect competition or imperfect competition. The paper has been ...