I have been hired as a consultant by the mayor to review the various market structures. In order to fully analyze market structures, I will thoroughly explain the different types of market structures, an example of a market structure here in Smallville, Ohio, I will also share how the high barriers to entry into our market will affect profitability at long term sense of the term, the competitive pressures present in high barriers to entry, the role of government and how it influences each of the different market structures, the ability to set a price for one's products and the effect of trade international on each of the different market structures. Hopefully, this in-depth look will help mayors understand all market structures and how they influence government and also how they operate. The market structure I will start with is perfect competition, in our text it states that perfect competition is "The market structure in which there are many sellers and buyers, firms produce a homogeneous product and there is free entry and exit from the sector”. Perfect competition is considered a theoretical model (Amacher and Pate 2013, chapter 9 section 1) In perfect competition there are no market leaders. There are six assumptions of perfect competition: “there are a large number of sellers, c 'there is a large number of buyers, perfectly competitive firms produce a homogeneous product, there is free entry and exit from the market, there is perfect knowledge and workers and other resources can easily enter and exit the sector.' Amacher and Pate 2013, chapter 9, section 1.) There are many conditions in this type of market and for the perfect competition portion they are very strict......middle of the paper......you, J. (2013). Principles of microeconomics. Bridgepoint Education Inc. San Diego, CA.2. Coate M, Simons J. In defense of the market definition. Antitrust Bulletin [online serial]. Winter 2012;57(4):667-717. Available from: EconLit with full text, Ipswich, MA. Accessed 13 February 20143. Moriarty, B. M. (1987). PROFIT CYCLES, OLIGOPOY AND REGIONAL DEVELOPMENT (book review). 21(1), 131.4. Chang, W. W. (2012). Monopolistic competition and product diversity: Review and extension. Journal of Economic Investigations, 26(5), 879-910.5. Numa, G. (2012). Dupuit and Walras on natural monopoly in the transportation industries: what they wrote and what they really meant. History of political economy, 44(1), 69-95.6. Garcia Pires, A. J. (2012). International trade and competitiveness. Economic Theory, 50(3), 727-763. doi: http://dx.doi.org.proxy-library.ashford.edu/10.1007/s00199-010-0586-2