Lw4023 Introduction To Law|Market Assessment Answer
Instructions
Choose a company that meets the following requirements:
· The company must be listed in Bursa Malaysia
· You are able to obtain the company’s 2019 and 2018 annual report
Section A: Introduction
The description of the company should only include the company’s background that is relevant to the integrated subjects in this assignment. It should not be more than 30 lines. Make sure to include the stock code for the company that you have chosen obtained from Bursa Malaysia website.
Section B: BE4013 Principles of Microeconomics
1. Describe the type of market structure that the proxy company you chosen is operating. Explain the barriers to entry in this market structure.
2. Explain how the proxy company you choose in Question 1 might compete against competitor in the same industry.
3. “Consumers benefited more than producers in this market structure.” Discuss this statement.
4. Identify a possible market failure and discuss the appropriate forms of government intervention to overcome the market failures that exist in this market structure.
a
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