For this homework, consider a company that has monopoly power. Spen...

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For this homework, consider a company that has monopoly power. Spend 15-30
minutes doing internet research about this company and its recent actions.
Write a brief essay (no more than 500 words) that addresses the following questions:
1. What is the source of this company's power? (Consider the possible sources of monopoly power described in the Krugman reading, pp. 389-393)
2. Provide at least one example of something this company has done to exert its power and describe the impact of this action on others.
3. Provide at least one example of or consumers, or a government
force such as a regulatory authority or Congress.)
Your essay should be well organized and easy for the reader to follow, and should use complete sentences with minimal errors in writing mechanics, usage, and spelling.
Use reliable sources (not wikipedia or investopedia) and include links to the sources that you've used for your information.

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These solutions may offer step-by-step problem-solving explanations or good writing examples that include modern styles of formatting and construction of bibliographies out of text citations and references. Students may use these solutions for personal skill-building and practice. Unethical use is strictly forbidden.

Amazon is a world’s biggest company that impacts our life through its products for every aspect of life we are living in. It is so big, that it dominates in almost every sector (DePillis, 2018). As pointed out by economists there could be sources or reasons for market power to exist. And these causes for monopoly power or market power comes from a control of a scarce resource or input, increasing returns to scale which involves high fixed costs of establishing the firm, technological superiority, network...

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