“Monopoly and Price Fixing”

Log on to-


logon is SU200157399

PASSWORD is Sst77770

click on Bb on the left side under blackboard

in the middle of the page click on ECO405028VA016-1154-001: Econ Problems & Issues

week 6 then preparation items

then scenario.

From the scenario, identify the possible illegal or unethical activities activities in which the print shop boss plans to engage in, and identify the consequences on society from an economic point of view. Explain whether or not you would have discussed these issues with the boss.

From (1) a single product market perspective and (2) a natural monopolist market perspective, give your opinion on whether or not you support the government intervening to organize pricing. Identify the pros and cons of using these methods for the stakeholders.