Monopolies and Elasticity Case Study Discussion

Monopolies and Elasticity Case Study Discussion

Instructions/Descriptions

Monopolies and Elasticity Case Study Discussion

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Recalling what you have learned about elasticity, what can you say about the connection between the price a monopolist chooses to charge and whether or not demand is elastic, unitary, or inelastic at that price? (Hint: Examine the marginal revenue curve of a monopolist. The fact that marginal revenue becomes negative at low prices implies that a portion of the demand curve cannot possibly be chosen.) Please include an example with your posting.

Fundamental Similarity Between the Private and Public Sectors Discussion

How are the public and private sectors fundamentally similar and fundamentally different? Draw from all theorists this week and utilize the National Performance Review (NPR) in your critique.

Students must provide a critical review of the questions, topics and issues posed and substantively reply to the contributions of at least three peers. Individual postings should include a full discussion of the content of the question posed and explain how it relates to the concepts in the weekly text readings (attached) and other resources. The postings should be analytic in nature and include comparisons/contrasts, and examples that can bolster your point.

This can be accomplished by

• Validating with additional evidence from the literature.
• Posing a thoughtful question with commentary which generates further discussion.
• Providing an alternative point-of-view, with evidence and examples.
• Offering additional insight into how the concept might be understood, with evidence provided with real world examples.

Monopolies and Elasticity Case Study Discussion

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