ECON1056: In the Island Nation of Autarka, the Government Holds a Monopoly: Price Theory Industry Analysis Assignment, RMIT
Scenario In the island nation of Autarka, the government holds a monopoly over the provision of air freight services. Both the general public and business groups regularly complain about high prices and poor quality of service from the government-owned monopoly, Autarka Airfreight Services (AAS). In response to these complaints, the national government commissioned the competition … Read more