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How did anti-trust laws shift after WW1? (WW1 ended in 1918) Use concepts like: Opportunity cost Supply and demand Advantages of competition (both allocative and
How did anti-trust laws shift after WW1? (WW1 ended in 1918)
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.
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