exploring monopolies and oligopolies 2

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

Read OpenStax: Principles of Economics, Chapters 9, 10, and 11

• OpenStax: Principles of Economics:
  • Chapter 9: Monopoly
  • Chapter 10: Monopolistic Competition and Oligopoly
  • Chapter 11.(Intro): Introduction to Monopoly and Antitrust Policy
  • Chapter 11.2: Regulating Anticompetitive Behavior
  • Chapter 11.3: Regulating Natural Monopolies

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