Market Structure Research Proposal Example | Topics and Well Written Essays - 2500 words

Market Structure - Research Proposal ExampleA precise research plan has already been made so as to have blue print of what should and should not be done in the process of research. A detailed search for material has been made. Finally, I got all the material on the basis of which the paper is completed. Secondary entropy alone is used in the studies which ar collected from electronic sources. The data collected ar analyzed on the basis of required outcome of the research and only relevant data are written in the paper. No primary source such as market survey or product survey is made for the collection of data and analysis.The paper is prepared in such a manner that each question is followed by its answer so that it will be of immense help oneself to the reader to easily understand the situation. A brief structure of the answer is given belowA perfect market is a situation where there are large number of buyers and sellers and all have free entry to and exit from the market. Fi rms in the perfect market are expense takers. Profit is headstrong by the number of product marketed and the demand for the product. Monopoly is a market structure wherein one seller meets all the demands of the market. Since he is the only seller in the market, the price determined by him is the final price. However, in many cases the existence of monopoly is justified owing to reasons like natural monopoly, legal monopoly and acquired monopoly. But, if there is proper legislation in the country, the problem of monopoly can be reduced. An imperfect market is one which is not a perfect market. Monopoly, Monopolistic and oligopoly arte the examples of imperfect competition. BibliographyG Stigler, (1957)Perfect Competition, Historically Contemplated, Journal of policy-making Economy, vol. LXV. Viewed 19 November, 2008, http//www.economyprofessor.com/economictheories/perfect-competition.phpYogesh Ambedkar, (2005). What does Market Monopoly mean Viewed 19 November, 2008, http//www.bu zzle.com/editorials/1-13-2005-64198.asp Roderick Hill, (March 2006), The Overemphasis on Perfectly Competitive Markets in Microeconomics Principles Textbooks. Viewed 19 November, 2008, http//www.unbsj.ca/arts/economic/ mendeleviumuments/Overemphasisonperfectlycompetitivemarkets.pdf Imperfect Competition notes (n.d.) viewed 19 November, 2008,http//www.scribd.com/doc/4032087/-Imperfect-Competition-notesLecture Outlines (n.d.), Monopolistic Competition and Oligopoly, viewed 19 November, 2008, http//www.humboldt.edu/sh2/econ200/e200notes_week11.htm Investopedia (2008), Perfect Competition, viewed 18 November, 2008, http//www.investopedia.com/terms/p/perfectcompetition.aspPerfect Competition (n.d.), Economy Watch, viewed 19 November, 2008, http//www.economywatch.com/economics-theory/market-theory/prefect-competition.htmlQuestion No. 1.