Econ 201 week 8 final Study guides, Class notes & Summaries

ECON201: Final Exam – 98% Overall Grade (highest attempt): 157.5 / 160 - 98.44 % Question 1 5/5 One defining characteristic of pure monopoly is that: The monopolist is a price taker The monopolist uses advertising There is relatively easy entry into the industry, but exit is difficult Question 2 5/5 Which is a barrier to entry? Close substitutes Diseconomies of scale ...

ECON 201 Case Study Report 1: THREE JAYS CORPORATION Hi Dihn: Please find this annotated write-up and my Excel spreadsheet. My comments are in RED font below. I suggested them for Q1-Q2 and Q3-Q4 together for better flow of logic. Your final score (now available on Canvas) is shown at the end of this document. As this was the first case analysis of the course, I have graded your write-up based on your ideas and supporting logic, not whether your answers are right or wrong. Make a cover p...