Discussion about the impact of monopolies on market efficiency

For the second assignment, you will write a discussion about the impact of monopolies on

market efficiency. What is the impact on consumers? Industry innovation?

Word Count: from 250 to 450 words maximum

Writing (15 points)

• Write formally. Avoid phrases such as "I think" or "in my opinion" or "as you can see"

• Use full sentences

• Spell-check

• include references (i.e. news source, textbook, APA format)

Content (35 Points)

• (I) Briefly and in your own words, summarize the policy and its purpose (1-2 paragraph) (15

points).

• (II) Analyze the economic impacts of your topic on consumer/producer welfare (20 points)

o You may choose to include a graph, but this is not necessary.

Due time: In 24 hours maximum