Oligopoly, Monopolistic Competition, Monopoly, Mergers, and Acquisitions (DB

In your own words, answer this unit’s discussion questions in a main post (recommended minimum 200 words), and respond to at least 2 peers’ postings (recommended minimum 75 words).

After you have reviewed the Assignment Details below, click the Discussion Board link under the My Work heading above to open the Discussion Board and make your post.

Use these videos for help on how to post to the Discussion Board:

Assignment Details

You have learned that some markets are competitive but that there are also a few markets that are serviced by just one firm. Examples include utility companies that provide electricity and natural gas to homeowners.

Please draw on your own experiences and what you have learned in Unit 4 to discuss the following points. Please use economic concepts; and use references in your main contribution.

  1. Please identify and describe your local utility.
  2. Please explain what products or services it provides.
  3. Are there other companies that provide these products in your community?
  4. Have prices increased in the last 2 years? Please explain.
  5. Do you think prices would be higher or lower if there were 2 or more providers? Please explain.

In your own words, post a response to the Discussion Board, and comment on at least 2 other postings. You will be graded on both level of engagement and the quality of the contribution to the discussion.

Discussion Board Reminders:

  • Must have three posts: A Main Post and two replies to peers.
    • First post: Either your main post or a reply to others must be posted before midnight CT (Central time) on Friday of each week.
    • Second and third post: Must be posted on a different day from the first post.
  • Connect to Content: At least one post must refer to course learning materials. See the Academic Resource on Discussion Boards for help with connecting to the content.
  • Engaging in Class Discussions: For more information on making the most of your class dialog, review the Academic Resource on Discussion Boards.
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