Incarnate ECON 2302 – Discuss which type of market
January 4th, 2018
For this week’s discussion, I want you to examine an organization of which you are familiar with (normally the one for whom you work);Discuss which type of market your chosen company operates in: Market Competition, Oligopoly or Monopoly. If you don’t want to pick your employer (often the case for government employees because there is often no competition to describe), just choose another of which you are familiar.Briefly describe your organization’s market in terms of the level of differentiation, number of consumers/competitors, amount of regulation? On a scale of 1 to 10 (1 being closest to the definition of Pure and 10 being a monopoly) rate your organization.