Question: https://youtu.be/PzDthFTzEa0 Watch this video( Oligopolies and Monopolistic Competition ) to help you prepare for this week's discussion: Reply to these prompts using the company for

https://youtu.be/PzDthFTzEa0

Watch this video(Oligopolies and Monopolistic Competition) to help you prepare for this week's discussion:

Reply to these prompts using the company for which you currently work, a business with which you're familiar, or a dream business you want to start:

  • With your selected business in mind, determine if it is competitive, monopolistic competitive, an oligopoly, or pure monopoly. Explain how you drew your conclusion about its market structure.
  • How does the business/firm in this industry determine the price it will charge for the products or services it sells?

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