1. Why is perfect competition often described as the ideal market structure?

Identify an article from the Wall Street Journal within the last six weeks that relates to one of the following topics: (1) Factors in an organization's external environment that had an impact on the organization. (2) Factors in an organization's internal environment that had an impact on the organization. (3) An article that provides examples of an organization exploiting the resources of a competitor to strengthen its competitive advantage. First, Summarize the article  Next, Discuss what you found interesting, educational, insightful, etc.? Then, Discuss how the article you found relates to the material you read for this week. Summarize your post.  You should not type the questions, the discussion post should flow as one document.  Think of my directions as writing prompts.  Each paragraph needs at least 4-5 sentences

Please graph four market models. Change the designated schedule in each model and indicate the outcomes in the answer key.

Evaluate and explain the following statement: The market system is a profit-and-loss system.