ECO 607 CIAT Week 3 Income Distribution and Oligopolies Discussion

Question Description

I’m working on a economics writing question and need an explanation and answer to help me learn.

Perfect Competition is a model of which examples are few and far between. Yet economists love to discuss this model. Explain why.
One of the criticisms of oligopolies is the adverse impacts these firms have on income distribution. Do you believe that is a valid criticism? Discuss with appropriate examples.

Explanation & Answer:
2 Discussions

Tags:
income distribution

criticisms of oligopolies

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