i need corrections made to an assignment. i will provide the document for review, and also the notes from the teacher, and the assignment requirements
Course Scenario
Oil Company X is a large oil refinery which has been expanding and
taking on new investment projects. Recently, they have considered
building a pipeline that stretches across the United States, from Canada
to New Orleans.
The Cost Department is looking to determine the impact of the
pipeline on the current market structure, and they have asked you, a
team member of the department, to submit a report on the expected
changing market structure.
Instructions
As a cost analyst at your firm, you are asked to evaluate the type
of market you are performing in. Assume the current number of oil
companies exist in the market. After the pipeline is built, extensive
trade restrictions will drastically increase Oil Company X’s hold on the
market.
Submit a 2-page report detailing the current market structure, and
the anticipated market structure after the pipeline is built. You will
also include tables to show the characteristics of each of the above
market structures and where our firm conforms or does not conform to the
characteristics of the different market structures. Be sure to explain
the impact on price and quantity, and any pertinent changes to the
firm’s pricing strategy after the change in market structure.
Format your report to include a title page, introduction,
conclusion, and references. Include all relevant graphs, equations, and
calculations. Show your work on calculations to ensure you receive
partial credit for incorrect answers. No credit will be given if your
work is not shown. Remember to cite your sources using correct APA
format, and also use correct grammar, spelling, and formatting.
For Deliverable 5, you were asked to submit a 2 page report
detailing the current market structure and the anticipated market structure
after the pipeline is built. You were also asked to include tables to show the
characteristics of each of the above market structures and where our firm
conforms or does not conform to the characteristics of the different market
structures. Finally, you were asked to
explain the impact on price and quantity and any pertinent changes to the
firms pricing strategy after the change in market structure. Below you will
find detailed comments regarding how your work was graded. Please let me know
if you have any additional questions regarding how your work was graded.
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