Question
1. Define Oligopoly Monopolistic Competition 2. What are the 4 market structures, explain? Give an example of a company in each market structure. 3. Based
1. Define
- Oligopoly
- Monopolistic Competition
2. What are the 4 market structures, explain? Give an example of a company in each market structure.
3. Based on the company you have been following over the semester, which market structure do you think your company falls into, explain.
4. Is monopolistic competition good for society? Can policy advisors improve market outcomes?
5. Why do companies advertise? What are the positives and negatives of advertising? Does the company you're following advertise?
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Calculus For Business, Economics And The Social And Life Sciences
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
11th Brief Edition
978-0073532387, 007353238X
