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Micro Economics Monopolistic competition discussion Describe a product that you will only buy the name brand of (not the generic version). Explain why you only buy the name brand. Does the name brand cost more than the generic version? Why is it worth the extra money?
ASSIGNMENT Write an annotated bibliography of the article below Brander, J., and B., Spencer (1984b) “Tariff Protection and Imperfect Competion”, In the Kierzkowsk (eds.), “Monopolistic Competition and International Trade”, New York:Oxford University Press, pp.194-206.
Market Structures Distinguish among four market structures: perfect competition, monopolistic competition, oligopoly, and monopoly in this order. Identify your company’s market structure (i.e., perfect competition, monopolistic competition, oligopoly, and monopoly). Explain your reasoning. Examine whether competitive pressures are present in your company’s industry with high barriers to entry. Evaluate how high barriers to entry into […]
IF1105 Microeconomics Coursework – October 2021 Work in groups of up to four people. You submit one report for the group and each member of the group will get the same mark. In your overall mark for the course, the exam in January counts for 80% and the coursework 20%. “Analyse the main forces driving […]
