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Discussion: Marginal costs, consumer demand

Discussion: Marginal costs, consumer demand

Find an instance where a firm attempts to manipulate a) its marginal costs and/or b) consumer demand, and/or c) devotes resources toward attaining or maintaining monopoly market power. Please describe in 500 words or less how the effects can be depicted using the model we studied in class, and whether you recommend the government do anything about it. A hard copy of the essay is due in the last discussion or to my mailbox by class that day . Feel free to append graph(s). The source must be ProPublica, The Intercept, or another independent, non-profit investigative news outlet with my approval.

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