What is the monopolies pricing and market power, economics homework help

This week you will assume the role of an executive at De Beers

As an executive you are asked to present your findings that relate De Beers to a committee board. In your discussion, please discuss the following:

How your firm aligns with a monopolistic market structure?

1. How are profits earned?
2. At what output should the firm produce?
3. What percentage of the market does the firm possess?
4. Does the firm engage in individual and/or group discrimination?
5. Which type of price discrimination does your firm employ; 1^st, 2^nd, or 3^rd Degree Price Discrimination?

In order to make your presentation to the board, your task is to prepare a PowerPoint presentation that covers all five questions posed.

PowerPoint presentation must include the following:

1. Title slide
2. Introduction of key topics answering how your firm aligns with a monopolistic market structure
3. Responses to Questions 1-5
4. Conclusion
5. References – A minimum of 2 sources are required

Presentation must be at least 9 slides in length, should be attached as a discussion post, all slides must be titled and font size and color must be readable from afar, and main ideas should be bulleted.

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