Identify the major players in the market.

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For a company to succeed, it is essential to understand its market structure and business environment. In this paper, you must choose any company from any industry in the United States.
Then, you will identify your company’s type of market, its characteristics, the type of product, the number of sellers, and the existence of market barriers or not. Completing this assignment requires that you familiarize yourself with the relationships among the revenues, costs, profits, and profit-maximizing decisions for each market type.
Address the following information in your report for your selected company:
Overview of the company
Describe the lines of business (products and services) and an overview of the financial position – ticker symbol, latest revenues, profits, and current market value of its stocks.
Market Structure Discussion
1. An overview of the market in which your company operates and the interactions in the market.
2. Identify the major players in the market.
3. Type of market structure. There are four of them.
4. Sources of market power.
3. Cost Structure Discussion
1. Types of fixed costs
2. Types of variable costs
3. What is the difference between costs in the long run and costs in the short run?
4. Assess your company’s ability to adjust to changing market conditions.

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