Paper , Order, or Assignment Requirements`
Choose one of the two questions listed below and respond in your main post, following the instructions below. Main posts should be at least 250 words and include at least one APA formatted source. Reply to two other colleagues’ posts with a minimum 50-word response to each.
1.Monopolistic Competition and Oligopoly – Chapter 10
We have the saying in economics that “All industry gravitates towards Oligopoly”. Why do you suppose that is so? Do oligopolists have the potential to act like monopolists? Explain why or why not.
2.Poverty and Income Inequality – Chapter 14
Suggest some solutions to the problem of poverty – and discuss how poverty is related (or not) to the kind of inequitable income distribution we face here in the United States. How do you see change coming about?