Market economies measure business success or failure via profits
or losses. Describe how prices for goods and services provide
useful success/failure information for business managers.
What is an important economic role of capital markets? Give an
example of a capital market instrument and explain how it works.
Who are the main participants in the capital market?
What are the four main functions of money? Describe each role,
and give an example of how money works and how it might not
work.Why should we consider transactions costs in examining the
role that money plays in society?
7. What are the four “Market Structures”? Please describe each
Market Structure and give an example of a firm that belongs in each
of the four Market Structures, preferably a firm that was not
discussed previously. 8. What is a “natural monopoly”? Please give
an example. 9. Why are natural monopolies often regulated by some
sort of Government Regulatory Agency? 10. In YOUR
OPINION, SHOULD THE STATE OF CALIFORNIA HAVE TAKEN OVER PG&E?
Why or why not?