Can you help me understand this Economics question?
or this assignment, you must use detailed statistical data, researched information and financial or economic theories to support the arguments that you will present in your text.
Research an issue related to Monopolies or Oligopolies which has negatively impacted the economy of a particular country or region of your choosing in the past or in the present.
You should include all of the following in your text, but can choose to incorporate more information so as to provide a more complete response:
- Very briefly describe a Monopoly, Oligopoly, Monopoly industry or Oligopoly industry operating in the country or the region of your choice. You must use statistical data and factual information to address this question.
- Briefly describe the issue caused by that Monopoly, Oligopoly, Monopoly industry or Oligopoly industry in the country or region that you chose.
- You must integrate at least two economic concepts acquired in this class to explain how the Monopoly, Oligopoly, Monopoly industry or Oligopoly industry negatively impacted the country or region that you chose. You can use graphs or equations to relate the theory that you chose.
- Use the knowledge acquired in this class to make a normative assessment and propose a policy recommendation that you believe would help to mitigate the adverse impact(s) of the Monopoly, Oligopoly, Monopoly industry or Oligopoly industry on the country or region that you chose. (This last question will account for a significant portion of your Discussion Forum grade)
- While addressing your classmates,
- Treat your response to your classmates as if you were addressing the question. As such, you should do one or more of the following:
This was the question. Three people answered it. You have to response to those people. each response should be 200 words at least.
I have attached the answer of those 3 people