Review and answer the given questions:
Problem 1. The official "Incredible Edible Egg" Web Site: Go to: https://www.aeb.org/. This website is sponsored by the American Egg Board. Among other things, the site is clearly an advertisement for the egg industry.
Have you ever seen or do you expect to see advertising for individual egg producers? What characteristics of the good make the market competitive?
Problem 2. Oligopoly
The OPEC Oil Cartel Go to www.opec.org. What are the organization's stated goals, which countries are members, and when was it founded? Is it normal for them to be successful in keeping oil prices high, or have they faced difficulties in keeping the cartel united in the past?
Problem 3. Antitrust Enforcement and the Consumer
The following is the to the United States Department of Justice's view of its role in antitrust enforcement. Retreived February 25, 2009:
https://www.usdoj.gov/atr/overview.html.
Do you think the U. S. Government is doing enough in this area? Be specific citing examples.