9 Getting Started The Economic Concepts and Questions discussion forum is repeated in each workshop to provide you a venue for questions, insights, and examples to enhance everyone's mastery ofthe subject. Instructions 1. Review the rubric to make sure you understand the criteria for earning your grade. 2. Navigate to the threaded discussion and respond to the following: a. Think of a time when you purchased something in a monopoly market. For example, purchasing a soft drink at movie theater is close to being a monopoly market since consumers have little choice of an alternative supply (there is usually still some choice, but it is very limited.) Discuss how this purchase fits with the monopoly price/quantity model. b. Compare and contrast this type of market structure with one that is more competitive, such as pizza or fast food. 3. Your initial post is due by the end of the fourth day of the workshop. 4. Read and respond to at least two of your classmates' postings, as well as all follow-up instructor questions directed to you, by the end of the workshop. 5. Your postings should also: a. Be well developed by providing clear answers with evidence of critical thinking. b. Add greater depth to the discussion by introducing new ideas. c. Provide clarification to classmates' questions and provide insight into the discussion. d. Be posted on three different days during the workshop