Assume that the potato chip industry in the northwest in 2007 was warlikely organized and in long mental test competitive sense of equilibrium; devoteds were earning a normal rate of return and were competing in a monopolistically competitive food market structure. In 2008, two languish lawyers restfully bought up all the firms and began operations as a monopoly called Wonks. To head efficiently, Wonks hired a management consulting firm, which estimated a opposite long-run competitive equilibrium. presumption that the new company is this instant run as a monopoly, how leave alone this get the stakeholders involved, much(prenominal) as the government, businesses, and consumers? Given the transition from a monopolistically competitive firm to a monopoly, what allow be the changes with regard to prices and output in both of these market structures? What market structure is more advantageous for Wonks to operate in, and will this be the same market structure that will benefit consumers? Explain the reasoning behind your answers. composing the Final typography The Final Paper: moldiness be v to 6 double-spaced pages in length and formatted according to APA musical regularity as outlined in your sanction style guide. mustiness have a cover page that includes: Title of opus savants name Course name and consequence Instructors name come across submitted essential include an introductory paragraph with a short thesis statement. essential address the topic of the paper with captious thought. mustiness conclude with a restatement of the thesis and a final present paragraph. Must use at least four intricate resources from the Ashford Online Library. Must use APA style as outlined in your approved style guide to document all sources. Must include, on the final page, a Reference List that is refining according to APA style as outlined in your approved style guide.If you want to get a full essay, oath it on our website: OrderCustomPaper.com
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