a) Investigate what a monopoly is and a current example of a representative company in this market. Justify your choice. Look for an article, consult reliable sources on the internet, no more than one year old, that talks about the monopolistic practices of a company situated in Mexico, so that you can justify your choice. Please cite and reference appropriately.

b) Depending on the selected company, respond and perform the following: 1.-List five characteristics of why this firm is classified as a monopoly. 2.-What is the regulation that exists in Mexico to combat monopoly by COFECE? It explains if the established provisions are complied with. 3.-Assuming you are the CEO, how would you explain why the company is a monopoly?

c) What would the companies of your competition need to stop being a monopoly? Justify and justify your answer well.

d) Mention 10 aspects that would need to be legislated to avoid monopoly in a country.

Part 2

e) Get information on the national GDP on Mexico and for the primary, secondary and tertiary sectors. The data must be investigated at the end of the year immediately preceding the current year.

f) With the information collected on GDP, it performs an analysis of its behavior, both nationally and by sector; establishes if there is a growth of this indicator and what it reflects for the Mexican economy.

g) Determine which sector the company you chose in the first part belongs to and what percentage it represents of GDP. Do you think it has an important weight? Justify your answer.

Answer rating: 100% (QA)

a A monopoly is a market structure characterized by a single seller dominating the industry allowing it to control prices and supply One current example of a monopoly is Alphabet Inc the parent compan... View the full answer