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Examples of market structures from the story line

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Reference no: EM131464935

Instructions

  1. Read The Grapes of Wrath by John Steinbeck (while covering Module 5 in the textbook). Provide five examples of market structures from the story line. The examples should include one of each of the following: 
  2. Two examples of oligopoly, and two example of monopoly.
  3. Look for transactions (when a good, service, or labor is traded) in the story to help identify each of the structures.
  4. Each example should include a brief narrative of the story, a detailed graphical representation of the market, and a commentary about the effects of this market on the participants (the consumer and producer) and society. Each example should not exceed two pages, but must include a narrative, graphical details, commentaries, and references. The graph may be conceptual but should include the price of the exchanged item.

Reference no: EM131464935

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