What is natural capital? Describe why you think this concept is missing from the current way that economics is discussed in the media.
What characteristics do you generally see with firms in a perfectly competitive market? When will new firms enter the market under perfect competition? When will they choose to exit?
With all of the government regulations and anti-trust laws, are there really any monopolies or are they non-existent? Give an example if you think there are some cases of monopolistic type behavior in our markets.