This is an Economics (Micro) Application. Purpose: to make you aware of microeconomic behavior of individual firms. Assess firms behaviors throughout application. Assignment: 1) Choose a company– Walt Disney 2) Determine the market the company is in. 3)Determine the market structure. 4) Determine the industry. 5) Are there a lot of competitors? Who are they? 6) How are their prices compared to other companies? 7) Is the government involved in their industry, how? 8) How do they advertise? 9) What are the barriers to entering their industry? 10) Must use “in-text citations”
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