KAPLAN BU224 UNIT 9 DISCUSSIONS

Unit 9: Monopolies – Discussion

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Throughout this course, many discussion
opportunities come up where you need to respond to other people’s
opinions and comments. Then respond to your Discussion topic after you
have completed your Reading.

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Real World Monopolies

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Describe an example of a real-world industry or market that would be considered by economists to be a natural monopoly.

What characteristics of the industry make it a monopoly?
What is the impact of the monopoly power on its customers?
Why might government want to regulate natural monopolies?
How might such regulation be structured?