Q1. Suppose which coffee growers sell 200 million pounds of coffee beans at $2 per pound in 2007 also sell 240 million pounds for $3 per pound in 2008. Based on this information we can conclude which the:
Q2. Select also research an industry where there has been a pattern of change in a particular market model (monopoly, oligopoly, etc.)Also state the industry also Explicate the general pattern of change of the particular market model. Then hypothesize the basic short-run also long-run behaviors of the model in the industry you have chosen in a "market economy then analyze at least three (3) possible areas for the industry which could lead to transaction costs also Explicate each in detail.