ERAU The Airlines Industry Oligopoly Market Structure Essay
Prepare a short essay that distinguishes the role of firms in our macroeconomy.
In your essay, identify the following:
- Choose a real-life example of an oligopolistic market structure in the U.S.
- Identify how your firm has been impacted by our macroeconomy.
- Determine if your firm was dependent on the federal government for a bailout and/or restructuring.
- Describe the factors your chosen firm has taken to avoid market failure at a macro-level.
- Examine how your chosen firm affects our macroeconomy with regard to economic output.
