Problem 1: Select a Company of your choosing and indicate which of the 4 market segments (Pure Competition, Pure Monopoly, Monopolistic Competition and Oligopoly) it belongs to.
Problem 2: Discuss in detail why that Company fits that particular market segment addressing the specific characteristic of that market segment and how each characteristic applies to that Company.
Problem 3: If you were President of that Company, what key factors/elements would you consider assuming the Company's objective in the short run is Profit Maximization. Take into account the key/specific Economic/Financial components discussed in class when we calculated Profit Maximization, Loss Minimization and Breakeven.
Problem 4: What factors should that Company consider as they plan for the long run?