Article) Amazon must be stopped.
a) What is the definition of a monopoly?
b) Explain whether Amazon fits that definition.
c) Why should consumers be concerned about monopoly power? Is that a concern about Amazon? Do we need to look at what they sell?
Article Review (Micro) Instructions:
Throughout the term, you will be analyzing three articles pertinent to our classwork. I will provide several articles for you to choose from for each assignment. Each article will also have 3-4 questions particular to it that you are to address in your submission. Your submissions should answer the following questions AND the article-specific questions:
1) What is the basic thesis of the article? What is the article about?
2) What is the background the author is responding to? Why did they write the article? What is the controversy, if there is one?
3) What economic concepts are employed in the article? Hint: think about why Dr. Warnick chooses this article at this point in the course.
4) Answer the 3-4 questions specific to your article. Aim for at least one paragraph per question. You should use as much space to answer these questions as you need to. I suspect that this could be done well for most articles in less than 3 pages, double spaced.
Here are some mechanical issues: Times New Roman font Double spaced Proper grammar and spelling, including paragraph structure Well-organized and reasoned arguments Proper APA citation to your article and any outside materials you use Page numbers YOUR NAME prominently on your work Your submission should include a Reference Page at the end. It should include references to any works you used to write your article in APA format. At a minimum, it must include the article your journal is about. More information about using the APA format is available on our course site.For more information on definition of a monopoly check on this :https://en.wikipedia.org/wiki/Monopoly#:~:text=A%20monopoly%20is%20a%20structure,of%20a%20%22pure%20monopoly%22.
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