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Do you think it is worthwhile to study a market model that cannot be found in the real world

Do you think it is worthwhile to study a market model that cannot be found in the real world

Discussion post 7: For this discussion board, you will use information from the course as well as external research.

We’ve mentioned how a Perfectly Competitive market is not found in the real world. Find a situation that is close to a perfectly competitive market and discuss how it fits the characteristics. Do you think it is worthwhile to study a market model that cannot be found in the real world?

Often, Monopolies receive bad press. Find an example of a company that has been sued under antitrust laws. Do you believe this lawsuit was helpful? Also, please discuss whether or not monopolists are always negative.

Answer preview to Do you think it is worthwhile to study a market model that cannot be found in the real world

Do you think it is worthwhile to study a market model that cannot be found in the real world

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