Topic: Market Power Write a one to two page paper addressing the following: a. Describe in your own words the

Topic: Market Power
Write a one to two page paper, addressing the following:
a. Describe in your own words the concept of market power.
b. What are the three reasons that a market might have a Monopoly?



c. Give an examples of two monopoly Firm exercising its market power.
Post the above introduction to the Class Discussion Board.
Respond to the postings of two of your classmates.