Discussion Question
han.alAssignment 1: Market Structures
Most European countries have nationalized their universities and colleges. Consider that some countries have also used the law to ban private colleges. Should higher education be classified as a natural monopoly in these European countries? Explain and justify your answer and use appropriate examples to support your conclusions.
Next, consider the case of several large, established pharmaceutical manufacturers such as Merck. What type of market form do you believe that such manufacturers operate under?
Jjustify your answers and use appropriate examples to support your conclusions.Quotations, paraphrases, and ideas you get from books or other sources of information should be cited using APA style. Help with citing sources can be found through the Academic Resources page under Course Home.
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- business 101
- The following information is available for Guess Company: Sales $189,400 Gross profit $106,400 Net income $25,800 Total current assets $32,400 Total current liabilities $34,400 Total stockholders' equity, last year $19,200 Total stockholders' equ
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