1. what are two types of goods/services that lend themselves well to price competition? Discuss these goods/services and reasons why price competition works best for them.
2. what are two types of goods/services that lend themselves well to nonprice competition? Discuss these goods/services and reasons why nonprice competition works best for them.
3. in what ways do consumers and other businesses benefit from regulated monopolies? In what ways do they possibly suffer