Assume the role of an executive at any of the five monopolies listed below:
- De Beers
- National Football League
As an executive you are asked to present your findings that relate to one of the five monopolies listed above to a committee board. In your discussion, please discuss the following:
How your firm aligns with a monopolistic market structure?
- How are profits earned?
- At what output should the firm produce?
- What percentage of the market does the firm possess?
- Does the firm engage in individual and/or group discrimination?
- Which type of price discrimination does your firm employ; 1st, 2nd, or 3rd Degree Price Discrimination?
In order to make your presentation to the board, your task is to prepare a PowerPoint presentation that covers all five questions posed.
PowerPoint presentation must include the following:
- Title slide
- Introduction of key topics answering how your firm aligns with a monopolistic market structure
- Responses to Questions 1-5
- References - A minimum of 2 sources are required
Presentation must be at least 9 slides in length, should be attached as a discussion post, all slides must be titled and font size and color must be readable from afar, and main ideas should be bulleted