Problem:
Prepare a 1,500 to 1,750-word paper analyzing the current market conditions of the following Drilling Company Transocean Inc - www.deepwater.com . Address the following topics in your analysis:
a. Market structure
b. Impact of new companies entering the market
c. Prices
d. Technology
e. Productivity (consider the law of diminishing marginal productivity)
f. Cost structure
1) Wages and benefits
2) Fixed and variable costs
g. Price elasticity of demand
h. Competitors
i. Supply and demand analysis
j. Impact of government regulations