Discussion Question
Discussion Question
Choose one of the two questions listed below and respond in your main post, following the instructions below. Main posts should be at least 150 words and include at least one APA formatted source.
1.Perfect Competition – Chapter 8
Why is Perfect Competition the “best” form of market structure? Does Perfect Competition exist? Describe the features of a perfectly competitive firm. Provide examples to support your views.
2.Monopoly – Chapter 9
How is a monopolist different from a perfectly competitive firm? Is monopoly ever justified? Why or why not? Provide examples of public and private monopolies to support your arguments.
Discussion Question
Choose one of the two questions listed below and respond in your main post, following the
instructions below. Main posts should be at least 150 words and include at least one APA
formatted source.
1.Perfect Competition
–
Chapter 8
Why is Perfect Competition the “best” form of market structure? Does Perfect
Competition
exist? Describe the features of a perfectly competitive firm. Provide examples to support your
views.
2.Monopoly
–
Chapter 9
How is a monopolist different from a perfectly competitive firm? Is monopoly ever justified?
Why or why not? Provide
examples of public and private monopolies to support your
arguments.
This Week 3 Threaded Discussion is a choice between the 2 market ext
remes of Perfect
Competition and Monopoly. You are NOT asked to compare these very different forms of
business structure, but only to discuss the ONE of them. It might make your discussion a little
more meaningful, however, to compare these business forms
here
–
to give clearer perspective
to your writing.
Discussion Question
Choose one of the two questions listed below and respond in your main post, following the
instructions below. Main posts should be at least 150 words and include at least one APA
formatted source.
1.Perfect Competition – Chapter 8
Why is Perfect Competition the “best” form of market structure? Does Perfect Competition
exist? Describe the features of a perfectly competitive firm. Provide examples to support your
views.
2.Monopoly – Chapter 9
How is a monopolist different from a perfectly competitive firm? Is monopoly ever justified?
Why or why not? Provide examples of public and private monopolies to support your
arguments.
This Week 3 Threaded Discussion is a choice between the 2 market extremes of Perfect
Competition and Monopoly. You are NOT asked to compare these very different forms of
business structure, but only to discuss the ONE of them. It might make your discussion a little
more meaningful, however, to compare these business forms here – to give clearer perspective
to your writing.