Describe the business environment in the city or country that you live in. You should explain whether the business environment encourages or inhibits business activity. Justify your view with the use of examples. In addition, you should examine four different industries and describe the type of market structure that exists in each of these industries. You should explain whether there is much or little competition and why? Based on your answers above, discuss the effects that the above business environment has on consumers and society in general.

Describe the business environment in the city or country that you live in. You should explain whether the business environment encourages or inhibits business activity. Justify your view with the use of examples. In addition, you should examine four different industries and describe the type of market structure that exists in each of these industries. You should explain whether there is much or little competition and why? Based on your answers above, discuss the effects that the above business environment has on consumers and society in general.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 9PA

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