Economics Homework Help
American Automobile Industry Discussion
Identify two U.S. firms whose key characteristics align with your specific market structures. Determine the equilibrium point for each of your firm’s market structures.
Here are your assigned market structures:
- If your last name begins with the letters A-L, identify perfectly competitive market structures and monopolistic competition market structures.
- If your last name starts with the letters M-Z, identify oligopolistic market structures and monopolistic market structures.
Locate a recent article or event (published within the last year) that highlights your relevant microeconomics topic. Use the Hunt Library, newspapers, new stations, or other credible sources to discover how your topic aligns with microeconomics.
THE FOLLOWING WILL BE COMPLETED
- State the firms you selected.
- Identify the equilibrium point for each market structure assigned.
- Describe your assigned market structures.
In responding to your peers state:
- Whether you agree or disagree with the findings and why
- A probing question that facilitates further discussion of the topic