Q1. A hearing is scheduled for your company to present arguments that your firm has not increased its market power through this merger. Can you do this? Explain how? What evidence might you bring to the hearing?
Q2. Do technological advancements cause unemployment in the economy?
Q3. Using the concept of price elasticity explain why the price of basic commodities has to be regulated in price rise
Q4. . Explain, using the prisoners' dilemma analysis, why cooperation can be equally valuable but if conditions prevent cooperation or collusion from happening, the outcome is worse for both parties.