The e-portfolio activity this week encourages you to take your Example along with your new knowledge and skills out for a test drive. (Maximum of one hundred fifty words)

1. Think about the firm(s) from your Example or, if you prefer, firm(s) that you know of, are reading about, deal with, or perhaps work for, and describe where they are within this market structure continuum and WHY you believe that to be the case?
2. Can you think of any other firms that you would describe as 'perfectly competitive' or as 'pure monopoly'? What makes them one or the other? What characteristics are missing, or aren't quite met? Make sure you briefly explain your reasoning.

Answer rating: 100% (QA)

Heres a response to the prompt combining analysis and a touch of conversational style 1 Where Firms ... View the full answer