Explain using relevant economics concepts, why you agree or disagree with the view that laws that prohibit different firms from working together to be important to the economic health of the country. Incorporate relevant and appropriate ethical and Biblical principles into your response.

Description

Firms that operate in an oligopolistic market structure must consider how other firms in the industry will react to any decision yet it is illegal for firms to collude (work together) in most cases. Explain using relevant economics concepts, why you agree or disagree with the view that laws that prohibit different firms from working together to be important to the economic health of the country. Incorporate relevant and appropriate ethical and Biblical principles into your response.

ADD A BIBLICAL SCRIPTURE RELATED TO THE DISCUSSION.

Last Completed Projects