Exploring monopolies and oligopolies

 

Watch this video: https://youtu.be/PzDthFTzEa0 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
Read OpenStax: Principles of Economics, Chapters 9, 10, and 11

OpenStax: Principles of Economics: https://cnx.org/contents/vEmOH-_p:cpTA15KJ/Introduction-to-a-Monopoly
https://cnx.org/contents/vEmOH-_p:cpTA15KJ/Introduction-to-a-Monopoly
https://cnx.org/contents/vEmOH-_p:A9rS3cAs/Introduction-to-Monopolistic-C
https://cnx.org/contents/vEmOH-_p:ztmzNN4J/Regulating-Anticompetitive-Beh

 

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