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КАТЕГОРИИ:






Ex. II. Assignments for discussion.




1. Describe some of the positive and negative externalities that could result from the closing of a military base.

2. Under what circumstances would a private firm be willing to build private toll roads?

3. If Americans traditionally dislike monopolies, why do some monopolies exist today? What type of monopolies are they, and what are their characteristics?

4. Identify at least two instances where you have personally benefited from government regulations. Explain the benefits.

5. Search your local newspaper for local clothing store ads. You should find at least two different ads. Describe how the advertisements succeed or fail to differentiate the products.

W R I T I N G

Ex. I. Write a brief summary of text A.

Ex. II. Write an essay (100 – 150 words) about:

- Which characteristics of firms selling designer clothing are monopolistic? Which are competitive? Write an essay explaining your answer.

- Identify a situation in your community that resulted in a negative externality. How would you advise the government to reduce these negative effects? Write an essay outlining your suggestions.

- To what extend do you think the government should be involved in the free enterprise economy? Defend your answer.

 

SELF-ASSESSMENT QUESTIONS






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