Ompetition (BUSINESS 305 CASE ASSIGNMENT MODULE 3)

Review the following questions and prepare a two-page report on any of the following issues:

1. Monopoly
Bottled Water Go to /cs.com. Browse around each page. Are these three Internet services participating in a monopolistically competitive market? Explain.

3. Oligopoly
The OPEC Oil Cartel Go to What are the organizations stated goals, which countries are members, and when was it founded? According to your textbook, OPEC has had trouble keeping prices high. Why was that the case? Can you think of any reasons why the members of OPEC might find it difficult to cooperate with each other?