Homework Assignment 5

Econ. 103, Fall 2002, Prof. Nancy Folbre

Due in your discussion section the week of November 4. Numbered problems are in the back of the Frank/Bernanke textbook. You do not need to write on or tear out the page. Using your own paper will preserve the resale value of the book.

Chapter 9, # 1, # 7, # 8.

Short thought piece: Describe a company that you deal with that can be described as a monopoly. How does it maintain its market share? How are you affected by its behavior?