Explain the rise of anti-trust laws in the late 19^th

Use concepts like:

Opportunity cost

Supply and demand

Advantages of competition (both allocative and productive efficiency)

What determines a market power

Characteristics of monopolies

Disadvantages of monopolies

How monopolies can be regulated

Incentives

Unintended consequences

These are just some of the

terms/concepts that areexamplesof

what a very good paper would use. This is your opportunity to show me you

learned how to think like an economist.