Economics Homework Help

ERAU The Airlines Industry Oligopoly Market Structure Essay

 

Prepare a short essay that distinguishes the role of firms in our macroeconomy. 

In your essay, identify the following:

  • Choose a real-life example of an oligopolistic market structure in the U.S.
  • Identify how your firm has been impacted by our macroeconomy.
  • Determine if your firm was dependent on the federal government for a bailout and/or restructuring.
  • Describe the factors your chosen firm has taken to avoid market failure at a macro-level.
  • Examine how your chosen firm affects our macroeconomy with regard to economic output.