Do you think it is worthwhile to study a market model that cannot be found in the real world
Discussion post 7: For this discussion board, you will use information from the course as well as external research.
We’ve mentioned how a Perfectly Competitive market is not found in the real world. Find a situation that is close to a perfectly competitive market and discuss how it fits the characteristics. Do you think it is worthwhile to study a market model that cannot be found in the real world?
Often, Monopolies receive bad press. Find an example of a company that has been sued under antitrust laws. Do you believe this lawsuit was helpful? Also, please discuss whether or not monopolists are always negative.
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