Unit 8 and unit 9 discussion.

Anonymous
timer Asked: Sep 30th, 2018
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Question description

In this bid you will answer the 2 discussions differently. Don't mix the two questions together.

Unit 8 Discussion

Assume that you are going to start a small business of your own.

Describe the business and discuss the following:

What costs you would incur;

What competition you might experience;

How you would determine the price you would sell your product; and,

How much product you would produce?

Note: These are all the question for unit 8 Discussion(you can answer all these question in one paragraph)



Unit 9 Discussion

Describe an example of a real-world industry or market that would be considered by economists to be a natural monopoly.


What is the impact of the monopoly power on its customers?

What characteristics of the industry make it a monopoly?

Why might government want to regulate natural monopolies?

How might such regulation be structured?



Tutor Answer

Robert__F
School: Carnegie Mellon University

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Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the work. Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the workGood luck in your study and if you need any further help in your assignments, please let me knowCan you please confirm if you have received the work? Once again, thanks for allowing me to help youRMESSAGE TO STUDYPOOLNO OUTLINE IS NEEDED

Report: Natural Monopolies

Natural Monopolies
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Anonymous
Outstanding Job!!!!

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