Discussion #6: Impact of Government Intervention Learning Objectives Explain the role of government intervention with monopolies. Graph the socially optimal price and fair return price for a monopolist. Graph the profit maximizing output point for an unregulated monopolist. Review Review the impact of government intervention on pages 359 - 363 in your textbook. Read a posted explanation by the instructor on the effects of controlling a monopoly in the discussion topic, Discussion #6: Government Intervention. Again, refer to Module 9 - Chapter 10 PowerPoint slides in the Resources area. Graph Complete the following 2 exercises in your textbook: Self-Test #9, page 363. Problem 9 on page 370. Discussion In the Discussion #6: Impact of Government Interventions topic, please post a discussion that takes the viewpoint of either: 1) for government intervention or 2) against government intervention. As you are formulating your discussion posting ensure it refers to some of the following issues: companies may be private, public or nationalized " what are your thoughts on governments: 1) setting prices: 2) imposing special taxes; 3) creating the Competition Act What is a markets purpose in terms of: 1) free vs. regulated markets: 2) purpose of competition: 3) consumer demand Besides words, you can illustrate your point with real examples. graphs, and currents news from online sources