Discuss how the company you selected should increase its competitive stance in the marketplace. Provide specific examples to support your response.
Determine how a perfectly competitive firm can maximize its profit by producing the output at which average cost is minimized.
Imagine monopolizing a service or product of your choice. Discuss how you would go about setting prices for your product or service.
Select a non-monopolized product or service with which you are familiar and determine how the consumption of that product or service would differ if it were controlled by a monopoly.