Cyberproblems

1. Find a Web page with advertising on it. Print out a copy of the page. Do you consider this advertising to be useful or wasteful? Explain using economic analysis.

2. "Read "Antitrust Enforcement and the Consumer," prepared by the Antitrust Division of the United States Department of Justice. Write a critique of this on-line pamphlet.

3. What is the Federal Trade Commission and what does it do?

4. Select a monopolistically competitive industry and find the homepages of some of the leading firms in the industry. Discuss some of the ways these firms attempt to differentiate their product. Is the product differentiation real or imagined?

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