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This file of ECO 204 Week 3 Discussion Question 2 Oligopoly/Monopolistic Competition consists of: Which of the following industries would you classify as an oligopoly? Which would you classify as monopolistically competitive? Make sure in your answer to relate it to the characteristics of the market structures. Explain your answer. If you are not sure, what information do you need to know to decide? Respond to at least two of your fellow students
Business - General Business Fixed and Variable Costs . After reading Chapter 8 in the text and viewing the required video for this week, Fixed, variable, and marginal cost , address the following in your initial post: a. First, describe several different fixed costs and variable costs associated with operating an automobile. b. Next, assume that you would like to travel from Los Angeles to New York City by either car or plane. Which costs would you take into account in making your decision, fixed costs, variable costs or both? Make sure to explain your analysis in the decision that you have to make.
If possible, you should avoid scheduling classes one after the other. You are going to need breaks during the day. The best time for these breaks is after a class. This time will allow you to wind down, prepare for your next class or study if needed. Take these opportunities when you can.
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