Discussion Question: This lesson covered firms in a price searcher market with high barriers to entry, otherwise known as either "oligopoly" or "monopoly." Ple provide one real world specific example of a firm that could be characterized as operating in this framework, i.e. 1) either differentiated or undifferentiated produc 2) high entry barriers, and 3) firms face a downward sloping demand curve. Be as specific as possible by listing the exact name of the company being considere Feel free to provide a link to the company website if available. Also make sure you state whether your chosen company is operating as a monopolist or oligopoli As your response to other students please either confirm or critique their assessment of a firm as a price searcher with high entry barriers. NOTE: For this particular discussion forum, you must post first before you will see the posts of your peers. Directions and guidelines to complete your discussion: . To begin the discussion, click on Create Thread to start your entry . Your discussion thread and responses should be thorough, thoughtful, and substantive. • Support your statements with examples, experiences, and/or references where applicable. • Use APA or MLA format to cite any material you take directly from a source or paraphrase. Your initial response is due by Wednesday at 11:59 p.m. . You must respond to two of your peers' threads by Friday at 11:59 p.m. • A rubric will be used to assess your responses.
Discussion Question: This lesson covered firms in a price searcher market with high barriers to entry, otherwise known as either "oligopoly" or "monopoly." Ple provide one real world specific example of a firm that could be characterized as operating in this framework, i.e. 1) either differentiated or undifferentiated produc 2) high entry barriers, and 3) firms face a downward sloping demand curve. Be as specific as possible by listing the exact name of the company being considere Feel free to provide a link to the company website if available. Also make sure you state whether your chosen company is operating as a monopolist or oligopoli As your response to other students please either confirm or critique their assessment of a firm as a price searcher with high entry barriers. NOTE: For this particular discussion forum, you must post first before you will see the posts of your peers. Directions and guidelines to complete your discussion: . To begin the discussion, click on Create Thread to start your entry . Your discussion thread and responses should be thorough, thoughtful, and substantive. • Support your statements with examples, experiences, and/or references where applicable. • Use APA or MLA format to cite any material you take directly from a source or paraphrase. Your initial response is due by Wednesday at 11:59 p.m. . You must respond to two of your peers' threads by Friday at 11:59 p.m. • A rubric will be used to assess your responses.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Discussion Question: This lesson covered firms in a price searcher market with high barriers to entry, otherwise known as either "oligopoly" or "monopoly" Please
provide one real world specific example of a firm that could be characterized as operating in this framework, i.e. 1) either differentiated or undifferentiated product,
2) high entry barriers, and 3) firms face a downward sloping demand curve. Be as specific as possible by listing the exact name of the company being considered.
Feel free to provide a link to the company website if available. Also make sure you state whether your chosen company is operating as a monopolist or oligopolist.
As your response to other students please either confirm or critique their assessment of a firm as a price searcher with high entry barriers
NOTE: For this particular discussion forum, you must post first before you will see the posts of your peers.
Directions and guidelines to complete your discussion:
. To begin the discussion, click on Create Thread to start your entry
. Your discussion thread and responses should be thorough, thoughtful, and substantive.
• Support your statements with examples, experiences, and/or references where applicable.
• Use APA or MLA format to cite any material you take directly from a source or paraphrase.
• Your initial response is due by Wednesday at 11:59 p.m.
• You must respond to two of your peers' threads by Friday at 11:59 p.m.
• A rubric will be used to assess your responses.
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