week 4 discusssion princples of economics

Exploring Monopolies and Oligopolies

Watch this video (Oligopolies and Monopolistic Competition) to help you prepare for this week’s discussion:

Reply to these prompts using the company for which you currently work, a business with which you are familiar, or a dream business you want to start:

• Does the business operate in a market that is characterized by perfect competition, monopolistic competition, oligopoly, or pure monopoly? Explain how you drew your conclusion about its market structure.

Discuss with your peers:

• Read one of your peer’s posts and share an insight or question you have about that business and its market structure.

For more information, see my video on Market Structure:

Click here to watch the videoReply Email Author