Think of a time when you purchased something in a monopoly market. For example, purchasing a soft
Question:
Think of a time when you purchased something in a monopoly market. For example, purchasing a soft drink at movie theater is close to being a monopoly market since consumers have little choice of an alternative supply (there is usually still some choice, but it is very limited.) Discuss how this purchase fits with the monopoly price/quantity model.
Write a paper in which you need to address the following:
1. Conduct a web search to find an advertisement that serves primarily to inform consumers and promote competition.
2. Conduct a second web search and find an advertisement that serves primarily to make consumers less price sensitive to their product.
3. After finding an example of both kinds of ads, navigate to the threaded discussion and post links to each ad and explain why you consider it to be that kind of ad
Organizational Behavior Managing People and Organizations
ISBN: 978-1305501393
12th edition
Authors: Ricky W. Griffin, Jean M. Phillips, Stanley M. Gully