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Subject: Principles of Ecomonics
(This is a discussion post. Please provide a detail response at the University level for this discussion post assignment. NO PLAGIARISM)
Please respond to the following:
Watch the video, Oligopolies and Monopolistic Competition, to help you prepare for this week’s discussion.
Start your discussion by responding to these questions using the company for which you currently work, a business with which you’re familiar, or a dream business you want to start:
With your selected business in mind, determine if it is in a market characterized by perfect competition, monopolistic competition, oligopoly, or monopoly.
How does the business/firm in this industry determine the price it will charge for the products or services it sells?
Video Link: https://www.youtube.com/watch?v=PzDthFTzEa0&t=1s
Respond to classmates’ posts and share an insight or question you have about that business and its market structure.

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